Shiba Inu’s $1 target faces steep challenges due to its 589 trillion token supply, requiring an unrealistic $589 trillion market cap, far exceeding global GDP. Despite community loyalty, Shibarium, and burns, speculative fundamentals and resistance at $0.00001076–$0.00001160 suggest significant gains are possible, but $1 remains improbable without a massive supply reduction.
Key Insights:
- Shiba Inu’s $1 dream is possible. However, it faces a major hurdle from its huge token supply.
- Even with regular burns and new projects, SHIB’s fundamentals are still speculative.
- Long-term holders have been loyal, but math shows the road to $1 might be a tedious one.
The idea of Shiba Inu hitting $1 keeps many investors hopeful, and discussions around whether Shiba Inu coin will reach $1 continue to dominate crypto forums and social media.
Since its launch as a meme coin, SHIB has built one of the largest and most loyal crypto communities in the world. Fans see it as more than a joke token now—with platforms like Shibarium, ShibaSwap, and a growing decentralized ecosystem, the goal of $1 feels like the next big milestone.
But does the math support that dream?
Will Shiba Inu Coin Reach $1?
Unlike Bitcoin’s limited supply, Shiba Inu started with a staggering one quadrillion tokens. Over time, developers and community members have been burning SHIB to permanently remove tokens from circulation.
This process aims to make the token scarcer (which, in theory, should help boost its value).

As of now, Shiba Inu’s circulating supply sits around 589 trillion tokens. Even though billions of tokens are burned every month, it’s still a drop in the ocean compared to the total.
This being said, at the current burn rate, it would take centuries to reduce the supply enough to meaningfully affect the price.
Large-scale burns could change that. However, those depend on coordination, community action and investor interest. All of these are things that are hard to guarantee in crypto.
What Would It Take for Shiba Inu to Hit $1?
If Shiba Inu’s price were to reach $1 with 589 trillion tokens in circulation, the total market cap would be about $589 trillion. For perspective, the entire world’s GDP is around $105 trillion, meaning SHIB at $1 would be worth almost six times everything produced globally in a year.
No asset in history has ever approached that kind of valuation. Even if 99.99% of SHIB were burned, the remaining supply would still create a market cap in the trillions. Further, even strong projects like Bitcoin and Ethereum (backed by years of development and adoption) haven’t reached those figures.
So, will Shiba Inu coin reach $1? Only if there’s an extreme supply reduction or a massive ecosystem expansion — both of which seem unlikely in the near term.
Shiba Inu’s Current Price and Market Status
As of late October 2025, SHIB trades around $0.0000097. It is down more than 88% from its 2021 peak of $0.000088. Despite the drop, the community remains active.
According to data from Etherscan, the number of SHIB wallet holders has grown past 1.5 million, and is showing continued loyalty even during market downturns.
Technical charts indicate that SHIB is in an accumulation phase. Analysts are describing the current period as “calm before the storm.”

In other words, a breakout might follow after long-term consolidation. However, the resistance levels at $0.00001076 and $0.00001160 continue to hold strong and are limiting short-term upside potential.
The Final Verdict?
The question of whether Shiba Inu coin will reach $1 has fascinated investors since its inception. It’s an ambitious goal, but the math and current fundamentals make it nearly impossible without dramatic changes to supply and utility.
That doesn’t mean SHIB is doomed. Its massive community gives it staying power, and the token could still see strong percentage gains during future bull runs. However, reaching $1 would require conditions far beyond what’s realistically achievable today.
For most investors, the smarter question isn’t if Shiba Inu coin will reach $1, but how far it can sustainably rise in the next cycle.
Disclaimer: Voice of Crypto aims to deliver accurate and up-to-date information, but it will not be responsible for any missing facts or inaccurate information. Cryptocurrencies are highly volatile financial assets, so research and make your own financial decisions.