SHIB to $1? Its Team Brings Back the Big Question

TL;DR: The official Shiba Inu team endorsed a community post on X, reigniting the discussion around a $1 valuation . The shared infographic recorded SHIB at $0.000012 , a figure that doubles its actual current market price. With a reported circulating supply of 589 trillion tokens , reaching $1 would require a market capitalization of $589 trillion . The debate over SHIB reaching $1 resurfaced across cryptocurrency markets on November 3 following a public endorsement by the official Shiba Inu project account on X. The official Shiba Inu account shared and praised as “great work” an analysis posted by a member of its community. The post described the one-dollar target per token as a mathematically improbable , though not impossible, scenario.

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