Rani_Rawal
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As of March 3, 2025, Shiba Inu ($SHIB) is priced around $0.000015 per token. To reach $1, the token would need to increase by over 6.6 million times its current value, which is highly unlikely due to SHIB's enormous circulating supply of approximately 589 trillion tokens, leading to a market cap of about $8.93 billion.
For SHIB to hit $1, its market capitalization would need to exceed $589 trillion—more than 500 times the current global GDP. This makes such a scenario virtually impossible given the current economic landscape.
While token burns (removing tokens permanently from circulation) could help reduce supply and possibly boost the price, the scale required to approach $1 is beyond what’s realistically achievable.
Investors should be cautious and rely on realistic market analyses when making decisions.
For SHIB to hit $1, its market capitalization would need to exceed $589 trillion—more than 500 times the current global GDP. This makes such a scenario virtually impossible given the current economic landscape.
While token burns (removing tokens permanently from circulation) could help reduce supply and possibly boost the price, the scale required to approach $1 is beyond what’s realistically achievable.
Investors should be cautious and rely on realistic market analyses when making decisions.
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