# Can SHIB Reach 1 Dollar? Math Tells You How Absurd It Is

Shiba Inu coin fans have always dreamed of SHIB reaching 1 dollar, but reality may be disheartening.

The current price of SHIB is $0.000008, and it needs to increase 12.5 million times to reach $1. Although SHIB did rise 45 million times in 2021, this time is different.

**Key issue in supply**: Currently, there are 589.2 billion SHIB in circulation. If it truly rises to 1 dollar, the total market value would soar to 58.92 trillion dollars - which is 5 times higher than the global GDP and 10 times more than the total value of the S&P 500 companies. This is obviously unrealistic.

Some say that burning coins can solve the issue. Theoretically, if 99.99998% of the tokens are burned, there would be 480 million left, maintaining the current market value of 4.8 billion dollars, making each worth 1 dollar. But the problem is—coin burning simply can't keep up.

Last year, the SHIB community burned an average of 94.2 million coins per month, at this rate, 1.13 billion coins will be burned each year. How long will it take to burn enough? **520,000 years**. That's right, 520,000 years. Even your descendants 500 thousand years later, if they inherit your SHIB, will find it worthless due to inflation.

**To put it bluntly**: SHIB lacks real application scenarios and relies solely on speculation to maintain its popularity. The coin-burning mechanism sounds good, but the execution difficulty is almost zero. Want to get rich overnight with SHIB? You might as well look at those projects that truly have fundamentals.