**Can SHIB reach $1? The math gives you the answer**
In 2021, investing $3 in SHIB could turn into a million by the end of the year; this bull market is indeed crazy. But now, with the price at $0.000008, it needs to surge 12.5 million times to reach $1. Sounds impossible? Just take a look at this set of data to understand.
The problem lies in the supply - 589.2 billion SHIB are in circulation. If it really reached $1, the market cap would be $589.2 trillion. This is 5 times higher than the global GDP ($111 trillion) and 10 times higher than the total of all S&P 500 companies ($57 trillion). It does not make sense economically.
The community is trying to burn coins to solve the issue. Theoretically, burning 99.99998% of the coins would leave 480 million coins, which could achieve a price of $1. However, at the current burning rate (9.42 million coins per month), it would take 521,415 years to reach that point. Your descendants will have long been impoverished by inflation by then.
**Core Logic**: Even if it reaches $1, the number of coins in your hand decreases by 99.99998%, so the profit from the price increase is diluted to zero. This is a mathematical game, not an investment opportunity. To make money, focus on projects with real applications.
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**Can SHIB reach $1? The math gives you the answer**
In 2021, investing $3 in SHIB could turn into a million by the end of the year; this bull market is indeed crazy. But now, with the price at $0.000008, it needs to surge 12.5 million times to reach $1. Sounds impossible? Just take a look at this set of data to understand.
The problem lies in the supply - 589.2 billion SHIB are in circulation. If it really reached $1, the market cap would be $589.2 trillion. This is 5 times higher than the global GDP ($111 trillion) and 10 times higher than the total of all S&P 500 companies ($57 trillion). It does not make sense economically.
The community is trying to burn coins to solve the issue. Theoretically, burning 99.99998% of the coins would leave 480 million coins, which could achieve a price of $1. However, at the current burning rate (9.42 million coins per month), it would take 521,415 years to reach that point. Your descendants will have long been impoverished by inflation by then.
**Core Logic**: Even if it reaches $1, the number of coins in your hand decreases by 99.99998%, so the profit from the price increase is diluted to zero. This is a mathematical game, not an investment opportunity. To make money, focus on projects with real applications.