It is highly improbable, if not mathematically impossible, for Shiba Inu (SHIB) to reach $1 cent (or $1) in 2024. Reaching even 1 cent requires burning over 99% of its massive 589 trillion supply, as the current market cap would need to exceed $589 trillion, which is many times higher than the total global GDP.

How much would a Shiba Inu be worth at 1 cent?

If SHIB reached $0.01, its market capitalization would exceed $5.89 trillion, competing with giants like Bitcoin and Ethereum. Average holding of investors: Users with 100 million SHIB would have a value of $1 million. Those with 10 million SHIB would reach $100,000.

What would happen if Shiba Inu Coin reach $1?

If Shiba Inu (SHIB) hits $1, its market capitalization would skyrocket to roughly $589 trillion (based on current supply), exceeding the entire global GDP, making it mathematically almost impossible without a drastic, near-total reduction (burning) of its colossal supply (hundreds of trillions of tokens). While token burning aims to achieve this by reducing supply, the current burn rate is far too slow, and even if achieved, it would mean each investor holds vastly fewer tokens, leaving their net worth largely unchanged, making it a highly speculative, unrealistic goal for significant returns under current conditions. 

Will Shiba Inu skyrocket again?

Shiba Inu may exhibit higher volatility in February 2026 as the hype around meme coins intensifies. If the price continues to find support above the key moving averages, Shiba Inu may rise by 28-35% to $0.0000125 by the end of February 2026.

What if I invest $200 in Shiba Inu coin?

If you bought $200 of Shiba Inu (SHIB) the day it launched in 2020. Back then, that money would have bought you about 3.57 trillion SHIB tokens. Now, let's skip ahead to August 2025, when SHIB is selling for about $0.00001233. At that price, your tiny 2020 buy would mean your $200 is now worth about $44.01 million.

Can Shiba Inu Coin Reach $1 In 2024... (Truth)

Will SHIB burn 99 percent?

Can a Project Burn 99% of Total Tokens? According to SHIB core developer Shytoshi Kusama, burning 99% of all SHIB tokens is possible. Kusama noted that this effort would have been impossible a few years ago.

Will Shiba Inu make millionaires?

This canine coin defied the bears during the past five years. Shiba Inu (SHIB +1.74%) has minted a lot of millionaires since its market debut in 2020. The meme coin was launched as a parody of Dogecoin, which itself was a parody of Bitcoin (BTC +0.60%), and had an earliest trading price of just $0.00000000051.

Could SHIB reach $0.01 by 2025?

While the cryptocurrency market is buzzing with optimism for 2025, the chances of Shiba Inu reaching $0.01 within the year are slim. AI analysis underscores that drastic changes in tokenomics and increased utility are prerequisites for SHIB to achieve this milestone.

What are the risks of investing in Shiba Inu?

Like all other crypto assets, there are some general risks to investing in SHIB. These include short history risk, volatility risk, liquidity risk, demand risk, forking risk, cryptography risk, regulatory risk, concentration risk, electronic trading risk and cyber security risk.

Can Shiba Inu reach $0.05 cents?

The company predicts that the price of Shiba Inu will reach the milestone of $0.05 in the next 16 years, i.e. in 2040. This is considered a long-term hold spanning fifteen years. The forecast estimates that the price of SHIB will reach a minimum of $0.054 in 2040. The current trading price is $0.000014.

How many SHIB coins need to be burned to reach $1?

To warrant a price of $1 per coin, the Shiba Inu community would have to burn 99.99998% of the 589.2 trillion coins outstanding, leaving just 4.4 billion remaining. Shiba Inu's market cap would stay exactly where it is today ($4.4 billion), so no additional value would have to be created.

Can shiba reach 0.1 cent?

To reach $0.001 USD (0.1 cent): It must multiply its current price by 83.3 times. This implies an increase of more than 8,200%. With a circulating supply close to 589 trillion tokens, reaching that price would require a market capitalization of approximately $589 billion, even surpassing Ethereum.

Is SHIB still worth buying?

Buying SHIB right now is probably not a good idea based on tech analysis. The trend is still bearish, as the price remains below all major moving averages and both momentum and MACD are negative, meaning rallies are still being sold.

What if I invested $100 in Shiba Inu 1 year ago?

Investing $100 in Shiba Inu (SHIB) a year ago (around January 2025) would likely have yielded significant returns, potentially multiplying your investment many times over, but the exact amount depends heavily on the specific date and SHIB's volatile price movements, as it experienced massive growth and subsequent pullbacks, turning early investments into substantial, though often diminished from peak value, wealth, with some early 2021 investors seeing fortunes, while later investors still saw solid 10x+ gains by late 2021/early 2022, though fortunes have fluctuated wildly since then. 

How many Shiba Inu to be a millionaire?

With 1 billion SHIB, your assets can be up to 10 million dollars! Even 100 million SHIB will make you a millionaire with 1 million dollars!

Why are people buying Shiba Inu?

Buying Shiba Inu can be tempting when you consider that it minted many billions in the past. But things are never that simple in the cryptocurrency world, and Shiba Inu carries an even greater risk because of its status as a meme coin.

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