Shiba Inu's Team Revives $1 Debate Amid Inflated Figures

Shiba Inu's official X account drew attention by sharing a fan comparison that labels a $1 SHIB as “mathematically improbable but NOT IMPOSSIBLE.” Yet the graphic attached shows a Shiba Inu price that is more than double its current level, creating a significant gap for holders to consider.

This discrepancy changes the calculation for SHIB investors. At present prices, reaching $1 would demand a rally of roughly 200,000 times, which would push Shiba Inu's valuation far beyond Bitcoin's entire market cap.

Why the Team's Praise Relies on Inflated Prices

A commentary account posted a comparison on November 2 that pitted SHIB against Bitcoin, Ethereum, and other meme coins. The author described SHIB as a high-beta asset, meaning its price moves more sharply than the broader market.

The post further cautioned that more decimal zeros don't necessarily mean greater upside. Instead, the author argued that market cap, supply, liquidity, and genuine demand are the factors that matter most.

The Shiba Inu team then shared the post with its followers, calling it “nice work.”

Nice work 👍 https://t.co/EsroMvjaRw

— Shiba Inu (@ShibainuCoin) November 3, 2026

However, the infographic inflates current values. It lists SHIB at $0.000012, claiming it is 86% off its high. In contrast, actual Shiba Inu price data shows the token sits about 95% below its October 2021 peak, and SHIB hasn't reached $0.000012 at any point in the last year.

Rival figures are also elevated. Dogecoin (DOGE) appears at $0.20, while the DOGE price currently trades well under $0.10.

DOGE holders have their own $1 ambition, which newly launched Dogecoin Labs seeks to back with real adoption.

Bonk (BONK), a Solana meme coin that lost its Upbit listing, similarly trades at a fraction of the $0.000021 shown.

What a $1 Shiba Inu Price Would Actually Demand

Roughly 589 trillion SHIB tokens are in circulation today. At $1 apiece, the token's market cap would hit about $589 trillion. That figure is simple math—price times supply—not the capital buyers would need to inject.

This sum is hundreds of times larger than Bitcoin's current market value. As the post itself noted, supply sets the limit far more than price does.

Meanwhile, the team has adopted a more cautious stance recently. In late October, it urged traders to be careful after a $20 million liquidation flood.

The project has also expanded beyond its own chain, introducing SHIB on Solana in October. These moves aim at demand, the very variable the post called crucial.

Even as meme coin prices slip, the $1 debate keeps returning. Whether fresh demand can shrink that gap remains the key question behind every Shiba Inu price prediction.