Shiba Inu is a decentralized cryptocurrency based on the safety and technology of the Ethereum ( $ETH ) Network. According to CoinMarketCap, Shiba Inu has provided a return of about 524,388.81% since its launch.
On December 24, 2025, SHIB is trading at approximately $0.000007005 with a decline of about 1.75%.
In 2021, SHIB shocked investors by providing tremendous returns, but the subsequent sharp decline raised many questions about its future. In this article, we will learn whether Shiba Inu Coin can ever reach $1 or not.
What is Shiba Inu and how did it start?
Shiba Inu was launched in 2020 by an anonymous developer 'Ryoshi'. This coin was created inspired by the success of Dogecoin ( $DOGE ). Its popularity is largely due to its strong community support and social media hype, not any solid Real World Use Case.
This is why when there is excitement in the market, SHIB's price rises rapidly, and as soon as the Market Sentiment weakens, it sees a significant decline.
SHIB's historic performance in 2021
The year 2021 proved to be a historic year for Shiba Inu ( $SHIB ). During the Crypto Boom, it provided thousands of times returns and included itself among the top gainers of the financial market. For some investors who invested at the right time, SHIB became a Fortune Creator overnight.
However, this rise did not last long. In 2022, SHIB had dropped more than 90% of its price. After that, there were some short-term rallies, but it has not yet regained its 2021 All-Time High.
What is the biggest obstacle to Shiba Inu reaching $1?
1. Massive Token Supply
The biggest barrier to SHIB reaching $1 is its massive Token Supply. In total, there are about 589.5 trillion SHIB Tokens, of which approximately 589.2 trillion are currently in circulation.
Due to the current price of approximately $0.000007005, its Market Cap is around $4 billion.
2. Token Burn Challenge
Token Burn means permanently removing tokens from circulation to reduce supply.
If SHIB has to reach $1 at the current Market Cap, approximately 99.99998% of tokens would need to be burned.
That means almost all tokens out of about 589 trillion would have to be burned, which is practically almost impossible.
The biggest weakness of SHIB: Limited Real World Use Case
For the Long Term Growth of any cryptocurrency, it is essential to have a Real World Use Case. SHIB appears weak in this regard. Due to its Extreme Volatility, it has not become a reliable Payment Option.
According to Crypto Experts, there are very few businesses around the world that accept SHIB as a payment method. Recently, some integrations have been seen, but its adoption is still limited.
When the demand for any asset is solely based on hype and sentiment, its Long Term Growth becomes quite difficult.
Can Shiba Inu really reach $1?
Considering all data and On-Chain Realities, it is clear that Shiba Inu reaching $1 is almost impossible. Its massive supply, limited utility, and impractical Market Cap make it a Fantasy Target.
However, this does not mean that SHIB will never see a rise. Whenever sentiment changes in the Crypto Market, it can show good rallies. But the level of $1 seems quite far from reality.
Disclaimer
This information is for educational purposes only. Therefore, do your own research and consult an expert before any investment.
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