Can Shiba Inu Really Hit $1? The Math Tells a Different Story

Jakarta, Pintu News – While many investors had hoped that Shiba Inu would break through its ambitious $1 price, the mathematical reality is much different.

A number of community members and industry observers have given high price predictions for SHIB, ranging from $0.0001 to $0.001, with some even predicting it could reach $1. However, specifically for the $1 prediction, the response from the Shiba Inu community has been divided-some optimistic, others skeptical.

Some in the community argue that Shiba Inu still has the potential to reach such a high price. For example, Shiba Inu’s head of marketing, Lucie, once highlighted an insight from ChatGPT which mentioned that the $1 target could be reached if there is a large growth in utility as well as massive token burns.

Why the $1 Price Target for SHIB is Mathematically Unattainable

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If we take away the euphoria and use only basic math, the $1 price prediction for Shiba Inu (SHIB) looks far from realistic. The main reason is SHIB’s massive supply of around 589.24 trillion tokens.

To give you an idea, Shiba Inu is currently trading at around $0.00001211 with a market capitalization of around $7.14 billion. To reach a price of $1, SHIB would need to jump more than 8,267,538% from its current level.

If the token supply remains at 589.24 trillion, then a price of $1 would see Shiba Inu’s market capitalization swell to around $589 trillion. This is almost five times the total global GDP ($114 trillion), and about 148 times larger than the overall crypto market capitalization of an estimated $4 trillion.

Shiba Inu’s Path to Potential $1 Price

Mathematically speaking, Shiba Inu’s massive supply of tokens is a major impediment to achieving the $1 price target. While Shiba Inu has made progress in reducing supply through the burn mechanism, in recent months the burn rate has slowed dramatically.

Less than a year after its launch, the supply of SHIB dropped from 1 quadrillion to around 590 trillion tokens, thanks to the burning of 410 trillion SHIB by Ethereum co-founder Vitalik Buterin.

Since then, the community has continued to support the burn strategy as a way to boost SHIB prices. In theory, a target of $1 is possible if the circulating supply is successfully reduced by 99% or more.

But in reality, the current burn rate is very low. In a month, the number of tokens burned ranges from 13 million to 2.31 billion SHIB, and in the last 24 hours only about 232,829 tokens were sent to the burn wallet.

At this pace, it would take decades to cut supply to around 7 billion SHIB, which is the level needed for a price of $1 to be achieved with a market capitalization of $7 billion.

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Burn Through Shibarium

Another effort to support the burning of Shiba Inu tokens is done through Shibarium, a Layer-2 blockchain that uses part of the gas fee to burn SHIBs.

Although transaction fees are paid in BONE, the burn portal automatically converts them into SHIB and then sends them to the burn contract. Since its launch in August 2024, this mechanism has successfully burned billions of SHIB tokens.

However, the effectiveness of this system is highly dependent on the adoption rate of the Shibarium network. In recent years, Shibarium’s activity has actually declined sharply: daily transactions are now only around 20,460, whereas a few months ago it had exceeded more than 4 million transactions per day.

Overall, without a much wider adoption of Shibarium as well as a drastic acceleration in the burn rate, the dream of seeing a price of $1 per SHIB remains very difficult to realize.

The spirit of the community should be applauded, but mathematical calculations show that such a high valuation is almost impossible to achieve under current conditions.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• The Crypto Basic. Shiba Inu to $1? The Hard Math Behind SHIB $1 Price Dream. Accessed on September 25, 2025