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Altcoins & DeFi

Can Shiba Inu Reach $1? Its Own Team Just Revived the Debate

Image: BeInCrypto

Shiba Inu’s official X account praised a fan comparison that calls a $1 SHIB “mathematically improbable but NOT IMPOSSIBLE.” However, the graphic attached to that post lists a Shiba Inu price more than double the current level. For SHIB holders, that gap changes the math. At today’s Shiba Inu price, a $1 token would need a roughly 200,000-fold rally. That would push SHIB’s value far beyond Bitcoin’s entire market cap. Why the Team’s Praise Rests on Inflated Numbers On November 2, a commentary account published a post comparing SHIB with Bitcoin, Ethereum, and rival meme coins. The author called SHIB a high-beta asset, meaning its price tends to swing harder than the broader market.

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