Shiba Inu and the Dream of 1 USD: The Barrier of 589 Trillion USD Makes This Almost Impossible

Shiba Inu was created in 2020 by an anonymous developer named Ryoshi. Initially, this token drew attention because it was expected to have similar success to Dogecoin – the original meme coin that was bullish at that time. In 2021, Shiba Inu experienced a staggering breakout, increasing by up to 45,278,000%, one of the largest annual increases in the history of the financial market. With just a timely investment of 3 USD, an investor could have turned it into over 1 million USD. However, this surge is entirely based on speculation, and after the wave of excitement passed, the price of SHIB has dropped 84% from its peak. Currently, Shiba Inu is still struggling to create sustainable growth momentum due to a lack of fundamental factors. Nevertheless, some cryptocurrency-friendly policies from the administration of President Donald Trump are generating a positive sentiment for the market. Why is Shiba Inu Struggling to Benefit from Crypto-Friendly Policies? The biggest issue with Shiba Inu is the lack of real-world application. This coin is too volatile to be considered a store of value, and according to data from Cryptwerk, only 1,074 businesses worldwide accept SHIB as a payment method. The Trump administration is loosening regulations and encouraging the creation of new value for crypto. For example: Establish a digital asset repository to hold cryptocurrencies seized from illegal activities ( but not Shiba Inu ).Appoint Paul Atkins – a crypto supporter – as SEC Chairman, helping to alleviate legal pressure. However, these policies do not address the speculative nature and lack of widespread acceptance of Shiba Inu. "The Wall" 589 Trillion USD Prevents SHIB from Reaching 1 USD The huge supply is the biggest barrier. Currently, Shiba Inu has 589.5 trillion tokens in circulation. With a price of 0.000014 USD/token, the market capitalization is around 8.1 billion USD. If the price reaches 1 USD/token, the market capitalization will be 589.5 trillion USD – 137 times the value of Nvidia (, the largest company in the world currently ), and 5 times the global GDP ( of about 111 trillion USD last year ). This cannot happen without a sharp reduction in supply. Shiba Inu Community and the Token "Burn" Plan The solution the community is aiming for is to burn tokens – sending them to a dead wallet to permanently remove them from circulation, thereby making the remaining tokens more bullish. Theoretically, for the price of SHIB to reach 1 USD, 99.99998% of the tokens need to be burned, leaving only about 8.1 billion tokens. But this means almost every investor must participate, and at that point, the net worth of each person remains unchanged – because they will own fewer tokens at a higher price. Worse, the current rate is only 1.7 billion tokens burned each month, equivalent to 20.4 billion tokens/year. At this rate, it would take 28,882 years to burn the necessary amount – and all just to achieve… no one makes any extra money. Conclusion Although the market is benefiting from the crypto-friendly policies of the Trump administration, Shiba Inu is unlikely to reach the milestone of 1 USD by 2025 – it may even never achieve that during our lifetime if the supply does not change drastically. For investors, Shiba Inu remains a highly speculative token, and the goal of 1 USD is just a fanciful dream under the current conditions.