Can SHIB reach 1 cent in the near future?
Benchmarks comparison
Should SHIB reach 1 cent, its market cap would equal $5.89T. By comparing this number with the market capitalizations of the largest assets, we can assess whether the outcome is mathematically possible.
Very few crypto assets have historically reached more than 10% of Bitcoin’s market cap. Ethereum peaked at approximately 30–35% in 2018 and again exceeded 20% in 2021. XRP briefly crossed 20% in early 2018, while BNB, Solana, and Cardano each reached the 10–15% range during the 2021 cycle. These rare events form the basis for a mathematical conclusion using Bitcoin’s current market cap.
Popular Targets for SHIB
At a target price of $0.01, SHIB would have a total market capitalization of $5.89T, based on a circulating supply of $589.24T. This implies a required price increase of 1666.67x from the current price.
To evaluate whether this valuation is mathematically feasible, the target market cap is compared against the market capitalizations of established benchmark assets, including Bitcoin, Ethereum, major equities, and global commodities. In this case, SHIB's target valuation represents between 16.74% and 2,428.22% of these benchmark market caps.
Historically, only a very limited number of assets have sustained market capitalizations above 10% of Bitcoin's market cap, and exceeding 20% has occurred only in rare, short-lived cases. Based on these historical constraints and the relative comparison results, this scenario is classified as Impossible.