SHIB surges to $0.005? An astronomical challenge! Market capitalization needs to surpass Bitcoin + Ethereum, token burning like "a drop in the ocean".

Shiba Inu (SHIB) reaching the target of $0.005 is widely discussed, but the mathematical logic behind it reveals an almost impossible task: the massive circulating supply of nearly 589 trillion means its market capitalization would need to soar to an astonishing $2.94 trillion. This far exceeds Bitcoin's current market capitalization (approximately $2.31 trillion), and even approaches that of Apple (around $3.2 trillion), equivalent to needing to attract unimaginably new funds to get on board. SHIB's biggest enemy is its own astronomical supply; the community's efforts to burn tokens continue (such as the Shibarium network's burn mechanism), but yield minimal results in the vast ocean of 589 trillion. The project party is striving to shed the "memecoin" label by building the Shibarium Layer 2 network, ShibaSwap DEX, Metaverse, and AI plans, transitioning towards a practical ecosystem. However, achieving the $0.005 target not only requires a revolutionary change in tokenomics (significantly accelerating burns) but is also constrained by the overall trend of the crypto market, regulatory winds, and whale holdings risk. Rational analysis indicates that the probability of achieving this target in the foreseeable future (like the 2030-40s) is extremely low, and SHIB's survival hinges more on whether its ecosystem can attract real users and establish a sustainable economic model.

Astronomical Market Capitalization: Surpassing the Threshold of Giants

If the price of Shiba Inu (SHIB) reaches $0.005, its total market capitalization will expand to $2.94 trillion. This figure means:

  • Surpassing the Cryptocurrency Titans: Must exceed the combined market capitalization of Bitcoin (BTC, approximately 2.31 trillion) and Ethereum (ETH).
  • Competing with the World's Top Companies: Approaching Apple's market capitalization level (approximately $3.2 trillion).
  • Attracting Massive New Funds: The scale of funds needed to flow into the market is difficult to estimate.

Supply Dilemma: Burning is a Drop in the Bucket

The core challenge of SHIB lies in its nearly astronomical Circulating Supply (approximately 589 trillion coins). Although the community actively promotes Burn Mechanism to reduce the supply, the effect is limited:

  • Burn Mechanism Inefficiency: Even with a skyrocketing burn rate, the actual amount burned is still a "drop in the ocean" compared to the total of 589 trillion.
  • Revolutionary Acceleration Required: To have a substantial impact on the price through burning, there needs to be unprecedented and relentless burning efforts.

The project party hopes to rely on the Shibarium network (its dedicated Layer 2 blockchain), which creates sustained deflationary pressure by using part of the Gas fees to buy back and burn SHIB. At the same time, the loyal "SHIB Army" community also spontaneously organizes burn activities. However, based on the current situation, reaching the target of 0.005 USD requires a disruptive change in tokenomics and the market.

Origin and Evolution of Supply

The economic model of SHIB began with a bold experiment:

  1. Initial Massive Issuance: The supply reached as high as 1 quadrillion coins at launch.
  2. Dramatic Halving: The anonymous founder "Ryoshi" donated half of the supply (500 trillion) to Ethereum co-founder Vitalik Buterin.
  3. Legendary Burn: Vitalik Buterin sent over 410 trillion to the Dead Wallet for permanent destruction, eliminating 41% of the total supply at once.
  4. Current Landscape (Mid 2025): Circulating Supply has decreased to approximately 589 trillion coins. The current Token Burn Strategy primarily relies on Shibarium's on-chain automatic Burn Mechanism and the community's voluntary burn projects.

Beyond Memecoins: Building a Practical Ecosystem

SHIB is fully committed to shedding the pure memecoin label of being the "Dogecoin killer" and is transforming into a practical cryptocurrency ecosystem. Key measures include:

  • Shibarium (L2 Network ): Aims to provide faster, lower-cost transactions than the Ethereum mainnet, becoming a cornerstone of the ecosystem. Has processed over 1.4 billion transactions, demonstrating practical application potential.
  • ShibaSwap (DEX): A decentralized exchange that supports trading and staking rewards for SHIB, BONE, and LEASH. Among them, BONE Token grants holders project governance voting rights.
  • Diversified Development: Develop SHIB: The Metaverse (virtual reality world), plan privacy-oriented Layer 3 network, and explore artificial intelligence (AI) integration, striving to create a comprehensive blockchain platform.

External Risks: Market Volatility and Regulatory Variability

The price of SHIB is highly susceptible to external factors:

  • Macroeconomic Factors and Crypto Market Correlation: Global economic uncertainty and central bank interest rate policy changes first impact high-risk assets such as memecoins. The price trend of Bitcoin serves as a significant barometer for SHIB.
  • Emotion-Driven and Community Power: As an emotion-driven asset, its price can fluctuate dramatically due to social media discussions (such as the SHIB Army on X and Reddit).
  • Regulatory Uncertainty: The U.S. SEC's stance on whether memecoins are considered securities is crucial. The EU's MiCA framework provides clearer rules, which may enhance the mainstream appeal of mature tokens like SHIB.
  • Whale Risk: A large amount of SHIB is concentrated in a few "Whale" addresses, and their massive sell-off could trigger a sudden price collapse.

Intense Competition: Memecoin Battlefield

SHIB faces increasing competition in the memecoin track:

  • Rival Showdown: Continues to compete with Dogecoin (DOGE) for the title of "memecoin king," attempting to counter DOGE's brand recognition with technical ecosystem development.
  • Rookie Challenge: Pepe (PEPE), dogwifhat (WIF), Bonk (BONK) and other emerging memecoins are continually diverting market attention and funds.
  • Survival Rule: Relying solely on "meme images" is no longer sufficient. The project must build a strong community consensus and provide real application scenarios to survive.

Core Conclusion:

  • The mathematical gap is enormous: The current market capitalization of SHIB (approximately $7.69 billion on July 31) is two orders of magnitude away from the $2.94 trillion market cap required to reach the target of $0.005. Considering its huge supply, this goal is almost a pipe dream under the current conditions.
  • Burning is key but the road is long: Achieving the goal requires a significant reduction in Circulating Supply, while the current burn rate is far from sufficient to support such drastic deflation.
  • Survival over Fantasy: The long-term survival of SHIB does not depend on reaching specific price fantasies, but rather on whether ecological projects such as Shibarium can successfully attract real users, create actual demand, and establish a self-sustaining economic closed loop.
  • Unignorable Resilience: This project has a highly loyal community (SHIB Army) and a team that continuously expands the ecosystem, and has historically created surprises. Its determination to transition from memecoin to practicality is the core variable for future development.

Conclusion: The vision of SHIB hitting $0.005 seems exceptionally difficult in the face of cold mathematical calculations and the reality of its massive supply, and is even regarded as an "impossible task" by many analysts. It requires not just a super bull market in the crypto market, but also a revolution in its tokenomics— the scale of destruction must reach unprecedented levels and continue for decades. However, the story of SHIB goes beyond price fantasies. Its team is struggling to execute a transformation strategy from "internet meme" to "practical blockchain ecosystem" through diversified layouts such as Shibarium, ShibaSwap, the Metaverse, and AI. The long-term value of the project will depend on whether these ecological tools can attract real users and generate on-chain value, ultimately breaking free from the absolute dependence on market frenzy and community slogans. For investors, understanding the challenges behind this "astronomical number" is far more important than chasing an unattainable price target. The future of SHIB lies in whether it can truly prove its survivability beyond a "joke" in the fierce competition of memecoins.

SHIB-5.2%
BTC-2.65%
ETH-6.57%
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GateUser-9ba896a8vip
· 18h ago
Everything is possible, and Bitcoin could also drop to zero!
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