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To reach $1, the market capitalization of SHIB needs to increase significantly. Currently, the market capitalization has already reached billions of dollars. Here are a few factors to consider:
Market Cap: To make SHIB reach $1, its market capitalization needs to reach trillions of dollars, which is far beyond the current market capitalization of most encryption currencies.
Token Supply: The supply of SHIB is very large (in trillions), which means that even if the price of each token rises significantly, the total Market Cap will still be huge.
Adoption and usage: To achieve such a high price, widespread adoption and a large number of use cases may be needed, surpassing speculation.