New analysis reveals the exact price SHIB must reach to make this dream a reality — but is it even possible?
The meme-inspired cryptocurrency, Shiba Inu (SHIB), is attracting lots of eyes into the predictions of what return would be on considerable investments in it. Currently, as of May 1, 2025, SHIB is trading at around $0.00001337 with a minor reduction of 0.00447% compared to the close of the previous day.
Thus, for $100 to morph into $1 million, astronomical SHIB price increases would have to occur. According to the current price of $0.00001385, a $100 investment would buy roughly 7.22 million SHIB tokens. For this holding to be worth $1 million, the price per SHIB would have to jump up to around $0.1385.
Reaching a price level of $0.1385 per SHIB would indicate over $81.6 trillion in market cap value, far beyond the aggregated market caps of Bitcoin, gold, and silver. Such valuation, therefore, is extremely improbable in today's market conditions.
SHIB has demonstrated it can make price increase within a spurt. For example, $100 invested in SHIB on August 2, 2020, would have become less than $1.85 million in April 2025, which translates to a staggering 1,857,890% return.
With an active supply of around 589 trillion tokens, it is evident that SHIB faces a hurdle in significant price increases. There has been a burn mechanism to eliminate tokens from circulation.Notably, Ethereum co-founder Vitalik Buterin burned 90% of the SHIB tokens he received in 2021, significantly impacting the token's supply and price.
The SHIB development team is reportedly working on a new burn mechanism aimed at removing trillions of tokens annually, which could positively influence the token's price over time.
Analysts have provided various short-term price predictions for SHIB. Some forecasts suggest that SHIB could reach $0.00003 by May 1, 2025, representing a 124% increase from its current price.
Other projections indicate that SHIB's price could fluctuate between $0.00001231 and $0.00002988 in May 2025, with an average annualized price of $0.00002146 for the year.
While the prospect of turning a $100 investment into $1 million with SHIB is enticing, it would require an unprecedented price increase to $0.1385 per token, which is highly unlikely given the current market dynamics and token supply.
Investors should approach such expectations with caution and consider the inherent risks associated with investing in high-volatility assets like SHIB.