Shiba Inu at $11.47 for 1M Tokens: The $100K Moon Shot or Meme Mirage?
Dogecoin’s feisty younger sibling is back in the spotlight—but can it really 1000X from here?
The Math Behind the Madness
At today’s prices, a million SHIB tokens cost less than a pizza delivery. Turning that into six figures would require a market cap surpassing Bitcoin’s ATH—twice over. Meme magic or institutional FOMO required.
The Bull Case No One’s Talking About
Vitalik’s accidental endorsement (that 50% burn), Shibarium’s gas fee cuts, and crypto’s infinite appetite for underdogs keep hope alive. Even Wall Street’s adding ‘tokenomics’ to PowerPoints now—usually right before the SEC subpoena arrives.
Reality Check
Yes, SHIB flipped DOGE once. No, retail alone won’t propel it to Visa’s valuation. But in a world where ‘utility’ just means ‘has an NFT project,’ never say never. Just maybe say ‘unlikely’ while glancing at your portfolio.
Is Hitting $0.1 Possible for Shiba Inu?
With its current supply of nearly 589 trillion, it is unrealistic for SHIB to hit $0.1. The project’s market cap will reach $58.9 trillion if the price of each coin hits $0.1. This figure is highly unlikely. SHIB’s market cap WOULD not only dwarf tech giants like Apple, Microsoft, etc., but also outgrow the GDP of all nations worldwide. This scenario will likely never happen.
The way for Shiba Inu (SHIB) to hit the $0.10 mark is for it to greatly reduce its circulating supply. One of the most significant catalysts for SHIB’s incredible 2021 rally was Vitalik Buterin’s massive token burn. Buterin received half of SHIB’s entire supply upon launch. Buterin decided to burn 90% of the tokens he received. While many hope for another similar burn to take place in the future, it is unlikely to have to same impact. Burning another 410 trillion SHIB tokens is a near-impossible task.
According to Shiba Inu lead developer Shytoshi Kusama, burns alone will not propel SHIB’s price. Kusama says only an increase in demand and adoption will take SHIB’s price to new heights. Even with a spike in demand, it is unlikely that the asset will ever hit the $0.1 price point. At least, not with its current supply.
