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Home»Bitcoin»Bitcoin analyst says that the Shiba Inu Prix does not hit $ 1, this is why
Bitcoin

Bitcoin analyst says that the Shiba Inu Prix does not hit $ 1, this is why

April 13, 2025No Comments3 Mins Read
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Confidence editorial Contents, examined by the main experts in the industry and experienced publishers. Advertising disclosure

A recent analysis of a Bitcoin analyst has thrown cold water on the possibility of Shiba Inu Price reaching the $ 1 bar. The analyst firmly rejected the idea, which suggests that he is very improbable, if not downright impossible.

Why the Shiba Inu Prix will never strike $ 1

Davinci Jeremie, an eminent bitcoin analyst with more than 825,700 subscribers on X (formerly Twitter) declared The Shiba Inu Prix will never reach $ 1. To understand why the analyst made such a dark prediction, he points to Shiba Inu market capitalization and the supply dynamics.

With Shiba Inu vast supply in circulationJeremie maintains that $ 1 would require an astronomical market capitalization far beyond what the cryptography market could maintain. In April 2025, the total offer in the circulation of SHIB was around 589.5 billions. However, this number fluctuates with daily token burns.

For Shiba Inu to reach $ 1, Jeremie said her market capitalization is expected to increase to 600 billions of dollars. To put the pure scale of this figure in perspective, a comparison between bitcoin, gold and Cape World Cryptography Stock Exchange Helps to illustrate how unrealistic this step is.

Currently, Bitcoin, the largest cryptocurrency in the world by market capitalization, is worth around 1.66 Billion of dollars. For Shiba Inu to reach a price of $ 1, it would be necessary to exceed almost 600 times Bitcoin total stock market.

CAP Boursière SPH currently at $ 7.32 billion. Graphic: tradingView

Goldwhich is widely considered as a Reliable value store And has a market capitalization of around 21.857 billions of dollars, would still be considerably overshadowed by the market capitalization required for SHIB at $ 1. To put it simply, Shiba Inu reaching this figure would need an evaluation almost 300 times higher than the entire world market capitalization of cryptography, which is currently around 2.65 billions of dollars.

As mentioned above, the massive offer of Shiba Inu also contributes significantly to the reason why a price of $ 1 is not realistic. While cryptocurrencies like Bitcoin have a capped offer, Shib’s is exponentially larger, created to call on its community.

The number of tokens in circulation is part of what is maintained The current Shib If low at $ 0.000012. He also does so practically Unable to reach $ 1 Unless drastic modifications are made to the supply or token burns soaring astronomically.

The community recognizes the dream of pipe at $ 1 of Shib

According to the declaration of Jeremie according to which Shiba Inu is unlikely to hit $ 1, many in the cryptographic community echoed his feeling, emphasizing the way in which unrealistic And ambitious This objective is. While many concluded that Shiba Inu cannot reach $ 1, others offered potential solutions They believe that one day could transform this eccentric goal into reality.

A member highlighted The need to reduce the supply of Shiba Inu. Mainly, this would imply chip burns, which permanently eliminate traffic tokens. Since its creation, more than 410.7 Billions of Shibets burnt. However, despite this progress, food in circulation remains extremely important.

Pixabay star image, tradingview graphic

Editorial process Because the bitcoinist is centered on the supply of in -depth, precise and impartial content. We confirm strict supply standards, and each page undergoes a diligent review by our team of high -level technology experts and experienced editors. This process guarantees the integrity, relevance and value of our content for our readers.



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