The Community Views the Dream of SHIB Reaching 1 USD: Reality or Illusion?

Recently, the cryptocurrency community has once again been abuzz with the familiar yet never-ending hot topic: Can Shiba Inu (SHIB) reach a price of 1 USD? Once again, the answer given by many experts and investors is: extremely difficult, if not impossible. Expert Jeremie is one of those who has highlighted the impracticality of this goal. According to him, for SHIB to reach a price of 1 USD, its market capitalization would have to reach around 600 trillion USD — a valuation that far exceeds not only Bitcoin but also the entire cryptocurrency market and even the market value of gold. Main reason: The circulating supply is too large. As of April 2025, the total circulating supply of SHIB still amounts to approximately 589.5 trillion tokens. Although the community has actively carried out "token burning" campaigns (, which means permanently removing a portion of tokens from circulation ), and has burned over 410.7 trillion SHIB, the remaining number still represents a "mountain" of tokens. The token burn is somewhat effective in reducing supply, but it is still not enough to bring the price of SHIB close to 1 USD without an unrealistic shock in market capitalization. Compare to clearly see the absurdity. The current capitalization of Bitcoin (tiền the largest cryptocurrency in the giới): around $1.66 trillion. If SHIB hovers $1, its cap would be close to $600 trillion — that's about 600 times Bitcoin's cap.

With these numbers, it is clear that SHIB reaching 1 USD is an unrealistic expectation under the current market conditions. The community still hopes - but with a more specific strategy. Although the majority believe that the target of 1 USD is too far-fetched, there is still a group of investors and supporters of SHIB who hold hope through long-term strategies, such as: Accelerate token burning through more applications and transactions in the Shiba Inu ecosystem. Promote real-world applications for SHIB in projects like Shibarium, the metaverse, or NFT platforms. Attract new users, create a larger bridge, and help the price increase naturally. Conclusion The dream of SHIB reaching 1 USD remains a "beautiful dream" for many, but considering the realities of the market and macroeconomic factors, this is almost impossible to achieve without a revolutionary change in the entire global encryption ecosystem. However, SHIB still has potential if it leverages the strong community and implements sustainable development strategies. Instead of waiting for a far-fetched milestone, perhaps it is wiser to focus on small but steady steps to develop the real value of this token.