Shiba Inu Price Alert: Bitcoin Advocate Warns $600 Trillion Blocks SHIB’s $1 Dream

In a recent discussion stirring the crypto world, popular Bitcoin advocate Jeremie gave a reality check to the idea of Shiba Inu reaching the elusive $1 mark. As Shiba Inu celebrates its fifth anniversary, optimism remains, but so does skepticism. 

With SHIB currently trading at $0.00001199 and showing weak momentum on technical charts, both market enthusiasts and analysts are watching closely. Despite the hurdles, SHIB supporters remain hopeful for significant movements within the volatile crypto market.

 $1 Target for SHIB Faces Huge Hurdles

The conversation around Shiba Inu price has intensified as Jeremie points out the sheer impracticality of SHIB reaching $1. He highlights that for Shiba Inu to hit this price, its market cap would balloon to an astronomical $600 trillion. It may outstrip the combined value of gold, global stock markets, and the entire crypto market. Currently, SHIB’s market cap stands at a modest $6.44 billion.

Moreover, even with impressive historic surges, SHIB’s starting point was different. Early investors saw a 150,000,000% spike due to an almost negligible initial valuation. Today, with a multibillion-dollar base, the room for similar exponential growth has significantly narrowed. Such facts are critical when making a rational SHIB price forecast for the future. 

Technical Signs Reveal Shiba Inu Price Outlook

Currently, Shiba Inu is trading at $0.00001199 after a slight 3.27% gain. SHIB’s RSI stands at 45.99, signaling a slightly bearish sentiment without being oversold. Additionally, the MACD indicator reflects a weak bearish crossover, suggesting minimal momentum. 

Chart 1 – SHIBA INU live price, published on TradingView, April 11, 2025.

The flat histogram and moderate trading volume further confirm that SHIB is currently in a consolidation phase. An essential factor for any Shiba Inu value is not preparing for a significant breakout.

SHIBA INU IS GOING TO 1$ USD!?🤯

🤑 $1 per Shiba Inu? Sure… if the market cap hits $600 trillion. Spoiler: It won’t. 🚀 pic.twitter.com/z1nF4ymZao

— Davinci Jeremie (@Davincij15) April 10, 2025

Jeremie’s recent X post video reinforces these technical findings, acknowledging that while Shiba Inu value won’t replicate its past explosive rally. SHIB’s 43% decline since January has also wiped out most of its yearly gains, leaving many investors with a 57% loss. Such statistics remind traders to stay cautious, especially in a fragile crypto market where volatility can flip trends quickly.

Still, small surges and gradual accumulation cannot be ruled out. As interest in meme coins persists and broader crypto market sentiment improves. However, significant caution is advised for those expecting SHIB to “cancel more zeros” quickly. The SHIB price today is a reflection of consolidation rather than explosive growth.

What Lies Ahead for Shiba Inu Price

While dreams of a $1 Shiba Inu value seem mathematically impossible in the near term, moderate gains are still likely. Analysts suggest that slow burns rather than meteoric rises may characterize SHIB’s trajectory this cycle. Factors like SHIB burns and improving sentiment across the crypto market can gradually lift prices.

Forecasts such as Telegaon’s projection of SHIB reaching $1 by 2050 still circulate. Unless there is a drastic change in SHIB’s total supply or unforeseen mass adoption occurs, reaching that milestone remains far-fetched. However, steady community support and strategic tokenomics adjustments could still enhance the SHIB price moderately over the next several years.

Bottom Line: Will SHIB Ever Hit $1?

While the Shiba Inu price of $1 remains a dream for now, smaller gains in this cycle are achievable. With a pragmatic approach to the asset’s real-world valuation and technical trends, SHIB holders can manage expectations wisely. As always in the crypto market, patience and an informed strategy will define long-term success for Shiba Inu holders.