Can Shiba Inu Reach $1? Its Own Team Just Revived the Debate

On November 3, 2026, Shiba Inu’s official X account shared and praised a commentary account’s comparison arguing that a $1 SHIB price is highly unlikely on mathematical grounds but still possible. The attached infographic listed SHIB at $0.000012, though current price data put it about 95% below its October 2021 peak and it has not traded that high in the past year. Reaching $1 would require roughly a 200,000-fold rally; with about 589 trillion tokens circulating, SHIB’s market cap would be about $589 trillion, hundreds of times Bitcoin’s current value. The project recently urged caution after a $20 million liquidation wave and brought SHIB to Solana in October.