Shiba Inu: Bitcoin Analyst Explains if SHIB Can Ever Reach $1
Davinci Jeremie is among the first Bitcoin proponents who urged investors to buy and invest in BTC back in the day. His video went viral a few years ago where he was urging people to buy Bitcoin to secure their financial future. He asked traders to consider BTC in 2013 when its price was hovering around the $130 mark. Now, 12 years down the line, BTC crossed the $100,000 milestone in January 2025. The Bitcoin proponent Jeremie recently spoke about Shiba Inu’s prospects and explained it SHIB can ever hit $1.
Also Read: XRP Eyes 12.5% Jump to $2.25 as $18.9T Tokenization Wave Approaches
SHIB: Will Shiba Inu Reach $1? Bitcoin Proponent Explains the Possibilities
Bitcoin analyst Jeremie explained in the latest podcast that there’s little to no chance of Shiba Inu ever hitting $1. He stressed that SHIB’s market cap needs to breach 600 trillion to even consider reaching the $1 milestone. That’s an impossible number and is five times bigger than the world’s economy.
Also Read: De-dollarization: China’s 10-Year Plan Now Operational as Yuan Usage Surges 3000%
The world economy currently stands at $110 trillion in 2025 in terms of gross domestic product (GDP). Therefore, Shiba Inu growing bigger than the global economy to hit $1 is nothing but a myth. The money simply does not exist and the $1 target is only imagination.
Take for example Apple Inc, despite being the biggest company in the world, its market cap is $3.56 trillion. The second in line is Nvidia as its market cap stands at $3.23 trillion. Then comes Microsoft with a market cap of $3.11 trillion. Google’s parent company Alphabet, which controls global internet has a market cap of $2.05 trillion. Can Shiba Inu, being just a layer-2 ERC20 token ever beat these companies in market cap? The answer is no.
Also Read: What Happened To The U.S. Treasury Market?
When asked in the podcast if Shiba Inu can reach $1, Jeremie first laughed it off and answered, “If Shiba Inu were to go to $1, that would mean that the SHIB’s market cap would be at $600 trillion. And I don’t know about you, but that would be greater than anything in the history of mankind that ever existed on the planet. So since that’s not going to happen, Shiba Inu would still do well, but not crazy well,” he said.
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Shiba Inu: Bitcoin Analyst Explains if SHIB Can Ever Reach $1
Davinci Jeremie is among the first Bitcoin proponents who urged investors to buy and invest in BTC back in the day. His video went viral a few years ago where he was urging people to buy Bitcoin to secure their financial future. He asked traders to consider BTC in 2013 when its price was hovering around the $130 mark. Now, 12 years down the line, BTC crossed the $100,000 milestone in January 2025. The Bitcoin proponent Jeremie recently spoke about Shiba Inu’s prospects and explained it SHIB can ever hit $1.
Also Read: XRP Eyes 12.5% Jump to $2.25 as $18.9T Tokenization Wave Approaches
SHIB: Will Shiba Inu Reach $1? Bitcoin Proponent Explains the Possibilities
Bitcoin analyst Jeremie explained in the latest podcast that there’s little to no chance of Shiba Inu ever hitting $1. He stressed that SHIB’s market cap needs to breach 600 trillion to even consider reaching the $1 milestone. That’s an impossible number and is five times bigger than the world’s economy.
Also Read: De-dollarization: China’s 10-Year Plan Now Operational as Yuan Usage Surges 3000%
The world economy currently stands at $110 trillion in 2025 in terms of gross domestic product (GDP). Therefore, Shiba Inu growing bigger than the global economy to hit $1 is nothing but a myth. The money simply does not exist and the $1 target is only imagination.
Take for example Apple Inc, despite being the biggest company in the world, its market cap is $3.56 trillion. The second in line is Nvidia as its market cap stands at $3.23 trillion. Then comes Microsoft with a market cap of $3.11 trillion. Google’s parent company Alphabet, which controls global internet has a market cap of $2.05 trillion. Can Shiba Inu, being just a layer-2 ERC20 token ever beat these companies in market cap? The answer is no.
Also Read: What Happened To The U.S. Treasury Market?
When asked in the podcast if Shiba Inu can reach $1, Jeremie first laughed it off and answered, “If Shiba Inu were to go to $1, that would mean that the SHIB’s market cap would be at $600 trillion. And I don’t know about you, but that would be greater than anything in the history of mankind that ever existed on the planet. So since that’s not going to happen, Shiba Inu would still do well, but not crazy well,” he said.
Read More