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Bitcoin Analyst Says Shiba Inu Price Is Not Hitting $1 – Here’s Why

  • A Bitcoin analyst has dismissed the possibility of Shiba Inu price reaching $1.
  • The analyst points to Shiba Inu's market capitalization and supply dynamics as reasons for it being highly unlikely.
  • Shiba Inu's massive circulating supply makes it virtually impossible to reach $1 without significant changes to supply or token burns.
  • Many in the crypto community also acknowledged the unrealistic nature of Shiba Inu reaching $1, suggesting potential solutions to reduce supply.

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