The idea of SHIB reaching $1 might sound thrilling, but let’s take a moment to think about what that would actually mean. SHIB, or Shiba Inu coin, is currently sitting on a whopping total supply of over 549 trillion coins. Yes, you read that right – trillion. Now, let’s do some fun (and slightly mind-boggling) math.
The $549 Trillion Question
If SHIB were to hit $1, its market cap would have to skyrocket to an unimaginable $549 trillion. To put that in perspective, that’s 469 times the market cap of Bitcoin today. And no, other cryptocurrencies won’t save the day – SHIB’s market cap would be worth 265 times more than the entire cryptocurrency market combined.
But it doesn’t stop there. Even the real gold that Bitcoin is often compared to would pale in comparison. SHIB would be worth almost 46 times more than all the gold on the planet! Let that sink in for a second.
World Domination
Now, let’s talk about some of the biggest companies in the world. Think of NVIDIA, Microsoft, Apple, Alphabet, Amazon, Meta, and Tesla – the so-called “Magnificent 7”. Together, they wouldn’t even be worth 3% of SHIB’s market cap if it reached $1. In fact, the top 100 American companies wouldn’t even add up to 10% of SHIB’s worth.
But why even focus on individual companies? SHIB would be worth more than the entire USA! Actually, scratch that – SHIB would be worth more than the entire world. The combined wealth of every country on this planet is estimated to be around $460 trillion. SHIB at $1 would surpass that with ease.
To the Moon and Beyond
So, what’s left for SHIB to conquer after it goes to the moon? Well, there’s an asteroid out there named Psyche 16, packed with rare metals and valued at a staggering $100,000 quadrillion. That’s over 200,000 times more than SHIB’s hypothetical $1 value. Maybe that asteroid will be the next target on SHIB’s cosmic journey? And yet, even Psyche 16 isn’t the final frontier.
The ultimate challenge? A massive exoplanet named 55 Cancri e, about 41 light-years away, rumored to be made entirely of diamond. Should that be true, this planet’s worth would be a mind-boggling 26.9 nonillion dollars. Even if every single SHIB coin were worth $549 trillion, it wouldn’t come close.
So, can SHIB reach $1?
Well, let’s just say that if it did, it wouldn’t just be a miracle – it would be an astronomical shift in our entire financial world. Could it happen? Anything’s possible, but let’s just say you might want to hold off on those $1 SHIB celebration plans for the foreseeable future.
