SHIB needs a $5.89T cap for $0.01, experts doubt upside
Shiba Inu (SHIB) is frequently pitched with a potential $0.01 target, but experts say the requirement is unrealistic. With roughly 589.16 trillion SHIB in circulation, reaching $0.01 would imply a total market capitalization near $5.89T—far above Bitcoin (BTC) and Ethereum (ETH) valuations and even the cited global crypto market size of about $2.55T.
At the time of writing, SHIB trades around $0.000006060, reflecting an estimated market cap near $3.57B. That leaves a massive gap versus the $5.89T scenario. The later article reiterates that the 2021 rally was heavily driven by community momentum and the visibility effects of the Vitalik Buterin-linked token burn.
New emphasis in the later coverage: today’s token burn pace is much lower than in 2021, so SHIB cannot replicate the same supply shock. It also points to ongoing uncertainties around the project team and whether recent side projects have delivered meaningful token benefits.
Bottom line for traders: SHIB may still spike in a broad bull market, but the path to $0.01 faces structural headwinds—especially supply size and insufficient burn momentum.
Bearish
For SHIB specifically, the articles stress structural constraints: the massive circulating supply means $0.01 would require an extreme market-cap expansion (~$5.89T) that is not supported by current fundamentals or realistic scenario sizing. The later update reinforces the bearish angle by noting lower token burn rates than in 2021, reducing the odds of a repeatable supply shock.
In the short term, this framing may dampen speculative enthusiasm around the $0.01 narrative, limiting upside follow-through unless the broader market turns strongly risk-on. In the long term, any upside would likely depend on catalysts that directly change token supply dynamics (significantly faster burns or other proven mechanisms). Without that, traders should expect capped upside relative to the hype.