Recently, the cryptocurrency community has been hotly discussing whether Shiba Inu ( SHIB ) can reach the astonishing height of 1 dollar. However, this aspiration was quickly doused by industry experts.

Famous Bitcoin supporter Davinci Jeremie questioned this view. He pointed out that with SHIB's current massive supply of 589 trillion coins, if it were to reach a price of 1 dollar, its market cap would balloon to an astonishing 600 trillion dollars. This figure not only far exceeds the total value of the global stock market at 128 trillion dollars, but also far surpasses the current 3.8 trillion dollar size of the entire Crypto Assets market. Even more astonishing is that this hypothetical market cap exceeds the total of traditional precious metal assets such as gold and silver.

Some have suggested that the seemingly impossible goal could be achieved by mass token burning. Theoretically, if 99.91% of the token supply were burned, it would seem more feasible for SHIB to reach a market value of $500 billion. However, Jeremie pointed out that such a large-scale token burn is almost impossible to achieve in practice.

Nevertheless, Jeremie does not completely deny the growth potential of SHIB. He believes that there is still room for SHIB to rise in the future, but achieving an extreme increase of 8 million times is only theoretically possible. Recently, the analysis of SHIB by AI tools like ChatGPT has sparked market sentiment fluctuations, but the reality of economic constraints makes the $1 target seem more like a "meme fest" rather than a viable investment strategy.

In the context of uncertainty in the Crypto Assets market, investors need to remain rational and carefully assess various possibilities, rather than blindly following seemingly attractive predictions that lack a realistic basis.