

SHIB at $1 would require a market capitalization of nearly $589 trillion, far beyond current crypto history.
Token burns would need to remove over 99.999% of supply to support a $1 price.
Network growth and transactions alone cannot overcome SHIB’s extreme supply size.
Shiba Inu (SHIB) has remained below 1 cent for years; however, the question of whether the cryptocurrency can reach $1 continues to be part of an active discussion among market players. On January 9, 2026, SHIB traded around $0.00000869. This price shows the real gap between SHIB’s current level and the idea of a 1-dollar coin.
The meme coin SHIB has a circulating supply of 589 trillion tokens and a market cap close to $5.09 billion. Price is not a trend, but rather the product of supply and demand. Even if SHIB reached $1 with the same supply, the market cap would need to rise to approximately $589.24 trillion. This figure is far larger than the value of most global stock markets combined.
Reaching $1 from the current price of $0.00000869 would require a jump of around 115,074.8 times. Even SHIB’s strongest moment shows how wide the gap is. The all-time high was $0.00008845 on October 28, 2021. At that peak, SHIB was still about 11,309 times away from $1. With today’s supply, that previous peak would equal a market cap of about $52.12 billion.
Many supporters point to token burning as the main solution. SHIB started with an initial supply of 1 quadrillion tokens. The listed max supply is 589,552,695,333,683 SHIB, which means around 410,447,304,666,317 tokens have already been removed.
This may sound massive, but the remaining supply is still extremely large. To understand the scale, you can assume SHIB’s current market cap to be about $5,094,534,525, and for the price to be $1 at that same value, the circulating supply would need to drop to about 5.09 billion SHIB.
This would require burning nearly 99.9991% of the current supply. Burning millions or even billions of tokens would not change this situation. The required number ranges in the hundreds of trillions.
Another argument is that ecosystem growth could push SHIB higher. Shiba Inu’s layer-2 network, Shibarium, is often used as proof of progress. However, recent data shows about 228,078,239 total transactions, 3,145,509 total blocks, and an average block time of nearly 5 seconds.
These numbers show activity, but activity alone does not create a $589 trillion valuation. There have also been reports in late 2025 about changes or resets in explorer data during infrastructure updates. This matters because raw transaction counts can shift without changing the underlying economic value. Network use can support steady growth and real use cases, but it does not remove the supply problem tied to a $1 price.
Also Read: Shiba Inu Bullish Trend: 246% Increase Possible?
For SHIB to reach $1, one of the following would need to happen:
The market cap would have to rise from about $5.09 billion to roughly $589.24 trillion with the current supply.
The supply would need to shrink by about 99.9991% while keeping market value near today’s level.
A mix of both, at a scale never seen before in crypto markets.
However, none of these paths match current supply, demand, or historical patterns.
The numbers show a clear picture. Shiba Inu can still move up from current levels and may experience strong rallies during favorable market conditions. A rise toward past highs like $0.00008845 is far more realistic than a jump to $1. Based on supply size, market cap math, and burn requirements, a $1 SHIB in 2026 is not supported by data. The idea may sound simple, but the math behind it is not.
1. Why is the $1 Shiba Inu price target so popular every year?
The low unit price creates hope, but most discussions ignore supply size and market cap math.
2. How much would SHIB’s market cap need to grow to reach $1?
With the current supply, the market value would need to rise from $5.09 billion to about $589 trillion.
3. Can token burning realistically push SHIB to $1?
Burning would need to remove over 99.999% of the supply, which is not practical at scale.
4. Does Shibarium network activity increase SHIB’s price potential?
Activity supports use cases, but it does not solve the supply problem behind a $1 valuation.
5. Is a return to SHIB’s all-time high more realistic than $1?
A move toward $0.00008845 is far more realistic than a jump requiring trillions in value.
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