Will Shiba Inu Coin Reach $1 in 2025 or in The Future?

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Eric Huffman

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Eric Huffman

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Eric Huffman's background includes a decade plus in business management as well as personal finance industry experience in insurance and lending. A strong understanding of consumer finance combined...

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March 26, 2025

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Dogecoin brought the lovable Shiba Inu dog breed into the crypto-sphere when it launched in 2013. Shiba Inu Coin borrowed the mascot in 2020 with the launch of the Shiba Inu token, SHIB. Almost immediately, SHIB skyrocketed in popularity. But will Shiba Inu Coin reach $1? A more apt question in the short term might be, “Will Shiba Inu Coin reach 1 cent?” More on that in a bit.

In this guide, we’ll explore the tokenomics and use cases for Shiba Inu to learn more about the token’s long-term prospects. Unlike most other meme coins, SHIB has use cases on the recently launched Shibarium blockchain.

When will Shiba Inu coin hit 1 dollar, and is that even possible? Let’s find out.

Is It Possible for Shiba Inu Coin to Hit $1?

Can Shiba Inu reach 1 dollar? Probably not. The number of tokens helps answer the question. Let’s look at the supply of SHIB tokens and do the math to find out why.

Shiba Inu (SHIB) is still a risky bet in 2025, trading at $0.000012 with a market value of $7.07B. Even after burning 450 trillion tokens, there are still 550 trillion SHIB in circulation. For SHIB to hit $1, it would need to be worth 275 times more than Bitcoin – which is impossible.

The numbers don’t add up for big price jumps. A $0.01 SHIB would need a $5.5 trillion market cap – more than Bitcoin’s current value. A more realistic (but still tough) target is $0.001, requiring $550 billion.

SHIB’s value has decreased around -27.56% in the last year, helped by token burns and exchanges selling it in big bundles (like 1 million tokens at a time). But it’s still just a meme coin with little real use, and new crypto rules favor projects with actual utility.

The bottom line is that SHIB might keep rising slowly, but $1 or even $0.01 is unrealistic. It would need insane hype or massive adoption to go much higher. For now, it’s still a gamble, not a sure investment.

Can Shiba Inu Coin Hit $1 in 2030?

SHIB’s supply remains the main obstacle to reaching $1. The number of tokens would need to be reduced dramatically. Given the current supply of 589.52 trillion SHIB, even burning 99% of the supply gives you a market cap of $5.8952 trillion, which is still larger than Bitcoin’s current $1.3 trillion market cap.

Instead, let’s look at some Shiba Inu price predictions that are within reach, assuming conservative token burns.

Our analysis for SHIB puts the trading range much lower than $1, or even $0.01, but still indicates significant potential gains for 2030:

• Low price: $0.000041
• Average price: $$0.00011
• High price: $0.00025

Can Shiba Inu Coin Hit $1 in 2050?

Whether 2030 or 2050, SHIB is unlikely to hit $1 due to the amount of tokens in circulation. Although the community is actively burning tokens, it remains doubtful that 99% or more of the supply will ever be burned.

As of March 2025, Shiba Inu’s burn rate has surged by 8,470%, removing nearly 1 billion SHIB on March 15, 2025, and previously burning 1 billion on August 7, 2024, and 700 million SHIB on February 10, 2024. This uptick in burning has fueled optimism for price growth, with SHIB having decreased -4.11% over the past month.

However, the supply would need to be reduced by 98.98% for a market cap below $6 trillion. 2050 is a long way off, and a dollar likely won’t be worth as much by then. Despite recent increases, the current burn rate still doesn’t approach the level needed for SHIB to reach $1 — even in 2050.

Let’s look at the Shiba Inu price predictions for some key dates moving forward, ending with 2034. We didn’t project as far out as 2050 because the industry changes quickly, making it impossible to predict prices more than two decades away.

What Catalysts Could Cause SHIB Price to Explode?

Obstacles to a $1 target include the massive supply of tokens and the bigger-than-Bitcoin market cap that comes with SHIB, even burning much of the supply.

However, the project gives traders some reasons for optimism regarding investing in Shiba Inu. What began as a meme coin has become a growing ecosystem with its own blockchain and ways to earn yield with your tokens.

Success of the Shiba Eternity Game

Shiba Eternity is the first mobile game from the Shiba Inu project. As the player count grows, the game has already generated buzz. It earns top ratings on both Google Play and Apple’s App Store and benefits the community.

The Shiba Eternity mobile game has continued to grow in popularity. Currently, if a minimum of 1 million Shiba Eternity duels occur daily, this could result in the permanent burning of 10 billion SHIB per day from Shiba Inu’s circulating supply.

Shiba Eternity benefits the community as a whole by raising awareness while also increasing the burn rate for SHIB tokens.

Development of ShibaSwap

The ShibaSwap app provides a decentralized exchange (DEX) for the Shibarium blockchain. However, the DEX also offers additional functionality. Shiba Inu users can bridge tokens to and from the Shibarium blockchain and stake additional tokens within the Shiba Inu ecosystem.

Staking Shiba Inu itself through a feature called “Bury” pays yields in ETH, SHIB, and a special governance token called BONE. If you hold BONE, you can vote on proposals for the Shiba Inu ecosystem.

Another Shiba Inu token, LEASH, grants access to exclusive perks. Past perks include early access to Shiboshi NFT minting, early access to land sales in the upcoming metaverse project, and enhanced BONE rewards for liquidity providers on the ShibaSwap.

ShibaSwap has seen further development in 2025, offering enhanced staking options and bridging functionality for Shibarium. It remains a critical piece of the Shiba Inu ecosystem.

Significant Token Burns

Burning tokens refers to sending the tokens to an unrecoverable wallet address controlled by no one. The tokens are gone from the supply forever. Both the project and the community actively participate in burning SHIB tokens to reduce the supply.

On peak days, as many as 5 trillion tokens are burned, according to recent data. However, the burn rate is sporadic, making it difficult to predict how long it will take to burn a significant amount of SHIB.

The Shiba Inu community has started a petition on Change.org asking Binance to burn 1% of SHIB trading fees daily. Binance’s past token burns, like LUNC, suggest this strategy might enhance SHIB’s market value and investor interest.

Burning helps, but it is unlikely to get SHIB to a $1 target in the near future. It could, however, help the Shiba Inu community achieve its coveted $0.01 goal. Many of the token burns are community-driven, while others result from activity on the Shibarium Layer-2 network.

Improved Scalability With New Layer-3 Solution

Shibarium is a Layer-2 blockchain that uses the Ethereum blockchain for security. Transactions occur on Shibarium and are then sent to Ethereum, where they are secured by a 100 million-strong proof-of-stake validator network. Layer-2 networks improve speed and reduce transaction costs.

However, the Shiba Inu team is also working on a Layer-3 network. Layer-3 blockchains can improve speed and reduce costs even further, often dropping transaction costs to a small fraction of a penny. This new network will use the TREAT token for governance, similar to the BONE token on Shibarium.

The planned network also brings privacy enhancements, using fully homomorphic encryption (FHE), which allows the network to perform computations on encrypted data without needing to decrypt the input data. Shiba Inu has already raised $12 million to build the new blockchain.

Upcoming Shiba Inu ETF

There are rumors of a Shiba Inu ETF, which could potentially increase SHIB’s exposure to institutional investors. Although speculative, this has stirred excitement within the SHIB community, leading to a -4.11% price decrease in the last 30 days.

The Road to $1: What Obstacles Does SHIB Face?

The $1 goal remains out of reach without significant token burns, perhaps as much as 98% or more. However, SHIB has room to grow from current trading prices. Shiba Inu also faces some challenges, including limited utility and market cap restraints related to supply.

Huge Supply: 589 Trillion Circulating Tokens

With a circulating supply of 589.25T tokens, SHIB is challenged to erase the four leading zeros from its current price. The first of these is within reach, requiring only a 10x to bump a leading zero off the price. After that, it becomes more challenging, given the supply.

While the community and project are actively burning tokens, the relatively small number of tokens burned daily makes it a long road ahead. Many days, fewer than 5 million tokens are burnt.

Lack of Demand and Utility

Unlike BTC, or ETH to a lesser degree, SHIB is seldom accepted for transactions in the traditional finance world. An estimated 15,000 businesses worldwide accept Bitcoin.

However, according to data from Cryptwerk, only an estimated 1031 businesses worldwide accept SHIB as payment for goods and services.

No Intrinsic Value

Much like other cryptocurrencies, SHIB faces challenges regarding its perceived intrinsic value. Shiba Inu’s history as a meme coin makes its value dubious in the eyes of some investors despite the utility it now finds in the Shibarium blockchain. As a result, prices often reflect the market sentiment’s mood swings, pushing the price up or down.

However, the addition of the Shibarium blockchain and the upcoming Layer-3 blockchain are efforts to combat this perceived lack of utility and shake SHIB’s meme-coin status. Addition projects and incentives, including staking, NFTs, and Shiba Inu’s upcoming metaverse project, all work toward finding more utility for the SHIB token and creating a rewarding ecosystem.

Market Cap Constraints

SHIB’s biggest challenge in reaching $0.01 — or $1 for the optimists — lies in its supply. The current supply makes the market cap at these levels impossibly high, although the $0.01 goal could be attainable with enough token burn and added utility.

At the current supply, $1 SHIB means a $589 trillion market cap. For context, the US Gross Domestic Product (GDP) for 2023 measured $27.94 trillion. Comparing SHIB’s projected market cap at $1 to other crypto assets, Bitcoin’s current market cap is about $2.34T.

Conclusion

Will Shiba Inu coin reach $1 in 10 years? Can Shiba Inu reach 1 dollar at all? The possibility of reaching $1 seems impossible, given the current supply of more than 589 trillion tokens. Instead, a $0.01 cent price goal appears more realistic for Shiba Inu’s future.

However, even reaching $0.01 from the current price will require significant token burns as well as more utility for the SHIB token. Despite these targets being out of reach for now, we still expect SHIB to perform well over the next several years if the Shiba Inu developer team continues to deliver on its plans for the Shiba Inu ecosystem.

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