Can SHIB go 1000x?

With the recent surge in popularity and value of cryptocurrencies, many investors are wondering if Shiba Inu (SHIB) has the potential to undergo a 1000x increase in value. Given the volatile nature of the market and the numerous factors that can influence a coin's price, is there any indication that SHIB has the momentum and staying power to achieve such a significant rise? What are the key metrics and trends investors should be looking at to gauge the possibility of such an astronomical growth? Additionally, what risks and considerations should investors be aware of before making a decision to invest heavily in SHIB?