Will Shiba Inu Coin Reach $1? Hype VS Reality

If you hold a hefty amount of SHIB in your portfolio, there’s one question that likely keeps living rent-free in your head: “Will Shiba Inu coin reach $1?”

Launched in 2020 as a competitor to Dogecoin, the SHIB token seems intent on borrowing not only its predecessor’s famous mascot, but its successful track record, too. After all, plenty of crypto enthusiasts love rooting for the underdog! But could it really beat the OG Shiba Inu-inspired meme coin to the race towards the elusive one-dollar milestone?

In this in-depth analysis, I’ll do my best to explain all the key factors that influence SHIB’s price movements and paint a comprehensive picture of where it’s likely to end up by the end of the year, end of the decade, or even as far into the future as the 2040s. So, buckle up and get ready to discover if you should be stocking up on more Shiba Inu tokens from exchanges like Binance, Kraken, or Bybit!

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Will Shiba Inu Coin Reach $1 Anytime Soon?

Before delving into SHIB’s long-term prospects, let’s take a look at its recent track record. After all, you can hardly start asking, “Will Shiba Inu coin reach $1 in 2040?” without using its current market situation as a springboard for future speculations.

As is typical for meme coins, this token has had its fair share of ups and downs lately. At the beginning of April 2025, its price dipped to $0.0000107 – a culmination of a steep downward trend that began in January. At the same time, the daily trading volume fell to $123.7 million.

At that point, however, SHIB’s fortunes turned slightly, its price changing direction and reaching $0.0000168 on May 12, 2025, in a whopping 57% increase. Meanwhile, the daily trading volume rose to $349.7 million, resulting in an even more impressive 182% boost.

Unfortunately, that’s when the Shiba Inu price made another U-turn. By the beginning of June, the price had sunk to $0.0000120 in an almost 30% loss, with the daily trading volume dipping to $133.49. From there, the price continued to fall. As of June 30, 2025, Shiba Inu coin costs $0.0000114, and the daily trading volume has reached $66.9 million.

SHIB’s market cap has followed the same trajectory: at the beginning of 2025, it hovered around $14.3 billion, steadily decreasing throughout the first half of the year. It picked up in May at $9.33 billion, only to fall again and reach $6.7 billion by midsummer.

As of writing this, Shiba Inu coin’s total supply is 589.5 trillion, out of which 589.2 trillion tokens are in circulation.

So, what do these trends tell us about Shiba Inu’s price prospects? Unfortunately, judging by these numbers, SHIB’s general tokenomics, and the way the cryptocurrency market works, the likelihood of Shiba Inu reaching $1 in the near future is practically nil.

For one thing, the price increase would have to be absolutely humongous: the difference between the current SHIB price of $0.0000114 and $1 is a whopping 8,771,830%! For comparison, the difference between this token’s current price and its all-time high is 675.88%.

That said, the difference between the all-time high and all-time low is 156,920,738%, which is almost 18 times more than the difference between the current price and $1, so the size of the price gap is by no means an insurmountable obstacle.

This isn’t the whole story, however. When you look at the bigger picture, the market cap that would result from SHIB reaching $1 would be completely disproportionate. Since market cap is calculated by multiplying the token’s price by its circulating supply, if Shiba Inu ever hit the one-dollar price point, its market cap would end up at $589.2 trillion.

Just to give you a clue how insane this number would be, this would make the Shiba Inu coin:

• 277 times more valuable than Bitcoin, the number one highest-valued cryptocurrency with a market cap of $2.1 trillion (as of 30 June, 2025);
• 12 times more valuable than the combined market cap of all 500 companies in the S&P 500, which stands at $47.5 trillion;
• Almost 20 times more valuable than the annual output of the entire US economy, based on a gross domestic product (GDP) of $29.7 trillion in 2024.

Needless to say, crunching these numbers pretty much puts an end to the “Will Shiba Inu coin reach 1 dollar anytime soon?” speculations. If this were a bet, you’d be better off asking, “Will Shiba Inu coin reach 1 penny?” – but even this scenario would still miss the mark by a mile, at least according to this preliminary price trajectory for the remainder of 2025:

Table: Shiba Inu coin price predictions for 2025.

The "minimum price" case coming true would result in an almost 188% gain by the end of the year, while the "maximum price" forecast claims a hefty increase of 237%.

What’s Stopping SHIB From Reaching $1?

If this outlook seems overly pessimistic to you, allow me to reframe the problem. As I already highlighted earlier, meme coins are notorious for their extreme volatility, which goes both ways. There’s no technical reason why any of them couldn’t, in theory, reach the $1 milestone – in fact, some already have! Dogwifhat (WIF) has managed to climb as high as $4.85 in March 2024, while Fartcoin hit the price record of $2.61 at the start of 2025.

With these inspiring examples in mind, it makes more sense to ask – what are the key factors keeping SHIB from following in their footsteps?

High Supply

If you’re familiar with basic economics, you’ve no doubt heard of the scarcity principle: the theory, according to which, price is affected by supply and demand; typically, lower supply coupled with higher demand increases the price, while higher supply alongside lower demand does the opposite.

That’s where one of the major hurdles for SHIB lies. Will Shiba Inu coin reach $1 with its current circulating supply of 589.2 trillion? Not a chance. For comparison, as of writing this, both Dogwifhat and Fartcoin’s circulating supply is just under 1 billion tokens, while Bitcoin’s is 19.8 million BTC. For the Shiba Inu price to approach anything close to $1, its supply would have to be drastically reduced.

There is, in fact, a way to achieve that: token burning. It’s a process that permanently (and irreversibly) removes crypto tokens from circulation by sending them to a so-called “burn” or “eater” wallet address^[1] designed to only receive crypto, but not spend or transfer it.

Token burning is often initiated by the project’s owners themselves or its community as a way to increase its value (something akin to a publicly traded company buying back stock to reduce the number of shares in circulation).

The hopeful news is that this seems to be happening with SHIB, as well. According to Shibburn, in March 2024, Shiba Inu coin saw a 17,000% increase in the burn rate, with 56 million tokens burnt. Since then, the burn rate has been fluctuating up and down. June 30, 2025, saw another massive spike: the SHIB burn rate surged by 12,833% in 24 hours, with 13 million SHIB removed from circulation.

Despite these efforts, the market reaction was pretty underwhelming: instead of increasing, the Shiba Inu coin’s price actually fell by almost 3%, slipping from $0.00001168 to $0.00001134.

At this point, SHIB’s supply is simply too large for burning alone to make a meaningful dent in it. At the current pace, it would take a mind-blowing 143,717 years to burn enough tokens to reach $1!

Staking is another viable solution, but it has a couple of downsides. For one thing, unlike burning, staking crypto only takes it out of circulation temporarily: during staking, tokens are locked up, but if you unstake them, they enter the circulating supply again. But even if we ignore this factor, another issue is that few platforms offer SHIB staking, prioritizing more valuable cryptocurrencies instead.

Lack of Utility

As crucial as it is, lower supply alone won’t cut it – for the price to increase, it needs to go hand in hand with a rise in demand. Unfortunately, this presents another obstacle for our token in question: unlike “serious” cryptocurrencies, such as Bitcoin and Ethereum, meme coins don’t tend to have many legitimate use cases that could drive crypto enthusiasts to buy and trade them.

So, instead of wondering, “Will Shiba Inu coin reach $1 in 10 years?”, we’d better start asking – will SHIB gain more use cases anytime soon? The good news is that it’s already on the way there! Shiba Inu coin is now accepted as a payment method in over 10,000 stores, including some major retailers like GameStop, Whole Foods, Nordstrom, and AMC Theatres. This puts it on par with plenty of other cryptocurrencies that get lauded as an alternative to fiat.

In addition, there are some exciting developments going on in the Shiba Inu ecosystem, too. In May 2025, the developers launched Doggy DAO – a decentralized, community-governed structure that allows users to vote on key updates and proposals. DAO is one of the most popular governance methods for crypto tokens and has been adopted by virtually every self-respecting project, so this signals a pivotal milestone for SHIB’s development.

And that’s not all! Earlier the same year, the community was treated to the early access of “SHIB: The Metaverse”: a decentralized virtual world, powered by the Shibarium blockchain, that features 100,595 individual plots of land where users can build or play around and interact with others.

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Shifting Trends

Nevertheless, when it comes to meme coins, their demand has much more to do with trends than anything else. Tokens like Shiba Inu are driven almost exclusively by their viral popularity^[2] that’s just as unpredictable and fickle as the memes they’re inspired by. Next thing you know, Shiba Inu coin will reach 1 cent (or, who knows, even 1 dollar) one day and maintain it for all of 2 hours, only to succumb to a pump-and-dump scheme.

Which is where another related factor comes into play: the meme coin market is the most oversaturated it’s ever been. At any given moment, Shiba Inu is competing with hundreds of other meme tokens, all waiting for their turn to shine.

The good news is that, as of June 2025, SHIB seems to be holding its own in the sea of other rising stars. A lot of leading experts put it among the top 10 best meme coins to buy soon, citing its ecosystem developments and an enthusiastic community. These cases often end up becoming a self-fulfilling prophecy, so even a temporary hype burst could still do a lot to propel SHIB towards the $1 milestone.

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General Market Conditions

Finally, despite their constant juxtaposition with the “serious” cryptocurrencies, meme coins still tend to share the same fate more often than not. As the saying goes, a rising tide lifts all boats – and it stands to reason that the opposite is true, as well. Meme coins thrive in a bull market, but as soon as the bear season comes, they’re often the first ones to fall.

Crypto market sentiment can never be predicted too far into the future, so if you’re wondering, “Will Shiba Inu coin reach $1 in 2030?”, you might as well ask your crystal ball! As for the short-term scenario, though, things seem to be looking up so far. 2024 already marked the start of a bull run, with Bitcoin leading the charge past $100,000, and most market analysts predict it to last well into 2026, thanks to factors such as:

• Bitcoin Halving Effect. The April 2024 halving reduced Bitcoin’s new supply by 50%, shaking up the supply and demand equilibrium and creating an unusually powerful upward price pressure.
• Institutional Investment. Unlike previous bull runs that were driven primarily by speculation, the 2025 surge is mostly fueled by institutional capital from major corporations like BlackRock and Microstrategy.
• Macroeconomic Pressures. Rising concerns over US debt have pushed investors to look for alternative stores of value. With its fixed supply and decentralized design, Bitcoin has become an appealing hedge against inflation.
• Political Climate. The political landscape has become increasingly crypto-friendly. The recent US policies have reduced regulatory barriers for crypto investors and created a more predictable environment.

Still, even with such favorable market conditions, the answer to the question, “When will Shiba Inu coin reach 1 dollar?” would be – probably not in 2025 or 2026.

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Shiba Inu Coin Price Predictions for Upcoming Decades

Now that I’ve covered the short-term forecasts, it’s time to zoom out. And then zoom out some more. Will Shiba Inu coin reach $1 in 10 years? How about 20? This is where we leave the firmer ground of facts-based market analysis and dip into the territory of pure speculation – but still, there’s no harm in trying!

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SHIB Price Prediction 2030

Optimistic scenarios for SHIB’s growth paint quite a rosy picture for this coin’s prospects throughout the remainder of the decade. Some experts even suggest the Shiba Inu token might break through the confines of its meme coin status and develop into a more “serious” cryptocurrency, which would fuel its demand and, in turn, the community development.

Will Shiba Inu coin reach $1 in 2030? Probably not – but here are some concrete (if hypothetical) numbers for you to chew on:

Table: Shiba Inu coin price predictions between 2026 and 2030.

As you can see, even the minimum price for 2026 is still quite a bit higher than Shiba Inu’s current price as of writing this, while still far below its all-time high, so definitely not an impossible achievement. Meanwhile, the best-case scenario sees the SHIB price soar as high as $0.0002, much closer to a penny.

SHIB Price Prediction 2040

According to some market analysts, Shiba Inu’s growth could continue into the 2040s. If the SHIB ecosystem continued to develop, it would likely attract more members and investors, raising the demand for SHIB. Here’s the approximate price trajectory we might expect from this token in the next decade:

Table: Shiba Inu coin price predictions between 2031 and 2040.

The fans asking, “Will Shiba Inu coin reach $1 in 2040?” are, once again, going to be disappointed – but judging from a more realistic angle, these numbers still look quite promising.

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SHIB Price Prediction 2050

Finally, let’s have a hypothetical peek at an even more distant future. By 2050, as some predictions claim, Shiba Inu will have been fully integrated into the global financial system and boast multiple real-life use cases, including more widespread acceptance in stores as a payment method. Check out these SHIB price predictions between 2041 and 2050:

Table: Shiba Inu coin price predictions between 2041 and 2050.

While the $1 milestone remains as far-fetched as ever, there’s still some good news on the horizon: both the best and worst-case price scenarios foresee that Shiba Inu coin will reach 1 cent by no later than 2046. This would result in a staggering 87,619% gain compared to the current price of 0.0000114 (as of writing this).

What is Shiba Inu Coin? A Brief Overview

Just like so many other meme coins, SHIB was born as a copycat of another wildly successful meme token: Dogecoin. Launched in 2020 by an anonymous creator named Ryoshi, it originally started out as an ERC-20 token, but in August 2023, it switched over to Shibarium: a new Ethereum Layer-2 network, built specifically to support the SHIB ecosystem and improve its scalability.

It might have started out as a joke, but what happened next earned Shiba Inu a venerable chapter in the history of meme coins: soon after the launch, Ryoshi sent 50% of the SHIB supply (around 500 trillion tokens) to the Ethereum founder Vitalik Buterin, which made their value skyrocket to $0.0000350.

An incorrigible idealist, Buterin didn’t just sit around, enjoying his newfound SHIB whale status: he went on to burn 90% of his supply (worth roughly $6.7 billion at the time) and donated the remaining 10% (~50 trillion SHIB tokens) to an India COVID-19 relief fund.

In 2022, Ryoshi stepped down as the founder, deleting all of their tweets and blog posts. In a since-deleted Medium post, they reportedly said:

I have said from the beginning, I am a nobody, I am not important. The efforts to unmask my ‘identity’ even if successful would be underwhelming. I am just some guy of no consequence tapping at a keyboard and I am replaceable. I am Ryoshi.

Fast-forward a few years, and Shiba Inu has grown into a full-fledged ecosystem. Alongside the OG meme coin, it now includes two more tokens and an NFT:

• BONE. The Shiba Inu ecosystem’s governance token that gives its holders voting rights in the Doggy DAO. It has a supply of 250 million tokens.
• LEASH. A staking rewards token for the Shiba Inu ecosystem, granting the holders perks like Shiboshi NFT minting access and an early entry to “SHIB: The Metaverse” land sales.
• SHIBOSHIS. 10,000 unique Shiba Inu NFTs on Ethereum that give holders access to the Shiboshi Social Club and some unique perks in the upcoming Shiba Inu games.

In July 2021, the developers launched ShibaSwap – the first decentralized exchange for the Shiba Inu ecosystem that lets users trade supported ERC-20 tokens, stake them in high-yield liquidity pools, voluntarily burn their SHIB tokens, or mint the SHIBOSHIS NFTs.

However, one of the most promising developments took place in June 2025, hinting at the project’s ambitions to tackle one of the biggest obstacles to meme coin adoption: their perceived lack of safety and the prevalence of scams. Shiba Inu will be partnering with DegenSafe.Fun, a meme coin launchpad created to fight rug-pull scams.

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Conclusions

When all is said and done, the question, “Will Shiba Inu coin reach $1?” can never be answered with any real certainty – but this type of theorizing is all part of the fun when it comes to meme coins! As proved by Dogwifhat and Fartcoin, the one-dollar milestone is no pipe dream; with just a pinch of luck and the right combination of factors, the SHIB price might reach a penny or even a dollar in the upcoming years.

Having said that, there are still a number of obstacles standing in the way. To pull off such a colossal price increase, Shiba Inu coin’s supply would have to be drastically slashed. In addition, SHIB would have to maintain its viral streak without getting upstaged by too many other meme coins – either by offering more real-life use cases or through organic community growth.

The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.

Scientific References

1. El Khatib M., Legout A.: 'Bitcoin Burn Addresses: Unveiling the Permanent Losses and Their Underlying Causes';

2. Tanner, M. N.: 'Who Gets to Have Fun? The Alternative Earmarking of a Memecoin Marketplace'.