Top Analyst Explains the Path to $1 for Shiba Inu—Is It Possible
The prospect of Shiba Inu (SHIB) attaining the lofty $1 mark has captured the imaginations of many in the crypto world.
However, a top analyst on TradingView has recently shared insights that challenge this widely held belief. He provided key points and technical analysis that raise questions about the feasibility of SHIB reaching such a lofty price target.
Understanding the Implication of a $1 Price for Shiba Inu
One of the major reasons why Shiba Inu reaching $1 is highly unlikely is the resulting massive market cap, given the coin’s supply. According to the analyst, for SHIB to hit $1 per coin, its market capitalization would need to reach an astronomical $589 trillion.
For context, the total market cap of gold, the most valuable asset in the world, is just $19 trillion. Likewise, Bitcoin, the crypto market leader, has a market cap of $1.66 trillion.
The analyst argues that this stark comparison illustrates how unreasonable such a target is, especially when compared to assets with more limited supply or higher utility.
As a result, he emphasizes that claims of SHIB reaching $1 are misleading. In parallel, he suggests that investors look beyond these lofty and unlikely predictions.
Notably, projections arguing for a $1 SHIB price often point to a timeline in the future rather than a near-term expectation. For instance, Telegaon analysts, who have forecasted a $1 price for Shiba Inu, outlined a 2050 timeline.
By this time, they expect Bitcoin’s price to reach $5.2 million per coin, which would mean a $109.45 trillion market cap. Interestingly, this cap still dwarfs the $589 trillion cap for SHIB, especially if its supply doesn’t decrease.
Bitcoin Market Impact on SHIB
Before commenting on Shiba Inu’s real potential beyond speculative targets, the analyst examines the state of Bitcoin. He points out that Bitcoin is under downward pressure with the potential for further decline.
This, coupled with rising Bitcoin dominance, could hurt altcoins like SHIB, as they typically lose value when Bitcoin falls, especially during periods of high dominance. This means potential losses for Shiba Inu holders as the market reacts to Bitcoin’s fluctuations.
Should You Still Buy SHIB? Technical Breakdown
On a more technical level, the analyst identifies the formation of a double-top pattern on SHIB’s weekly chart, a bearish signal. After SHIB reached a December 2024 high of $0.00003279, it failed to break above crucial resistance and retraced to the $0.00001296 support.
The analyst suggests that SHIB could dip to $0.0000067 if the price falls below this key support level of $0.00001296. Indeed, Shiba Inu has lost the $0.00001296 support and has since dipped to $0.00001095, coming close to adding a zero to its value.
Shiba Inu chart showing double top by TradeCityPro on TradingView
Meanwhile, the analyst makes it clear that, personally, he would never invest in Shiba Inu. Despite its adoption, he believes SHIB remains a “meme coin” with little to no real utility.
Instead, the analyst suggests looking for low-cap coins with higher growth potential. For those still interested in trading SHIB, he recommends exiting positions below the $0.00001296 price point to minimize risk.
At press time, Shiba Inu is trading at $0.00001282, down 13% over the last 30 days. Its year-to-date performance is even worse, showing a massive 40% loss.
Shiba Inu ($SHIB) Price Prediction: Can SHIB Reach $0.001 by 2031?
Shiba Inu ($SHIB ) has faced short-term declines, yet long-term growth projections remain strong. While market inflows and outflows significantly influence its price movements, some analysts suggest that SHIB could reach $0.001 by 2031 if it maintains a consistent 100% annual growth rate.
➡️Current Market Performance
$SHIB Inu has encountered notable challenges in recent months amid a broader downturn in the cryptocurrency market. Despite a five-day winning streak that pushed SHIB’s price to $0.00001567 on March 26, the asset remains over 27% below its February high. Currently, SHIB is trading at $0.00001281, reflecting a 2.90% decline in the past 24 hours.
This price drop aligns with a corresponding decrease in market capitalization, which now stands at $7.54 billion—also reflecting a 2.90% reduction. Additionally, trading volume has declined by 19.11% over the past 24 hours, indicating decreased market activity. However, the circulating supply remains stable at 589.25 trillion SHIB, maintaining the token’s availability in the market.
➡️Long-Term Growth Potential
While short-term price fluctuations have raised investor concerns, some analysts believe SHIB retains long-term growth potential. A widely discussed price target within the SHIB community is $0.001, with speculation on how long it might take to achieve this milestone.
One analyst, LuckSide, initially proposed this target last year, sparking renewed debate on SHIB’s future potential. Assuming a steady 100% annual growth rate, the coin’s price could theoretically double each year, leading to the following projections:
March 2026: $0.00002758
March 2027: $0.00005516
March 2028: $0.00011032
March 2029: $0.00022064
Start of 2030: $0.00044128
March 2031: $0.00088256
If this pattern persists, SHIB could approach the $0.001 target within the projected timeframe.
➡️Market Activity and Price Correlation
Market inflows and outflows play a crucial role in SHIB’s price movements. Historical data indicates that net inflows (represented by green bars) often coincide with price surges, while net outflows (red bars) tend to correlate with price declines.
Data from Coinglass suggests that increased inflows during mid-2023 and early 2024 contributed to SHIB’s price appreciation. Conversely, higher outflows observed at the end of 2023 and early 2024 coincided with a price decline, highlighting the impact of investor sentiment and market activity on the token’s value.
Given SHIB’s inherent volatility, its short-term price movements remain unpredictable. However, bullish trends may emerge periodically, influenced by broader market conditions and investor behavior. While achieving the $0.001 target by 2031 is ambitious, it remains a possibility under specific market conditions and sustained growth rates.

DOGS/USDT – Áp lực bán mạnh, xu hướng giảm vẫn tiếp diễn
DOGS hiện đang giao dịch tại 0,0001364 USD, giảm mạnh -11,94% trong 24 giờ qua. Đà giảm sâu khiến giá xuyên thủng nhiều vùng hỗ trợ, chạm đáy 24h tại 0,0001333 USD. Đây là vùng giá thấp nhất trong chuỗi lao dốc kể từ đỉnh gần nhất 0,0001729 USD.
Thông tin quan trọng:
• Đỉnh 24h: 0,0001549 USD
• Đáy 24h: 0,0001333 USD
• Khối lượng giao dịch: 1,79 tỷ DOGS (~259.080 USD)
Phân tích kỹ thuật:
• MA(5): 0,0001368
• MA(10): 0,0001368
• MA(20): 0,0001415
Giá đang nằm dưới toàn bộ các đường MA ngắn hạn, cho thấy áp lực bán vẫn chưa kết thúc. Sự phân kỳ giữa đường giá và MA(20) cho thấy thị trường đang trong vùng quá bán, nhưng chưa có dấu hiệu đảo chiều rõ ràng.
Tín hiệu thị trường:
• Biên độ giảm trong 7 ngày: -13,56%
• Giảm trong 30 ngày: -20,84%
• Lao dốc 90 ngày: -73,51%
• Sụt mạnh 180 ngày: -81,82%
Chiến lược quan sát:
• Nếu DOGS giữ được vùng đáy 0,0001333 USD, khả năng tạo vùng tích lũy ngắn hạn có thể xảy ra.
• Tuy nhiên, để đảo chiều xu hướng, cần vượt vùng 0,0001420 - 0,0001450 USD.
• Nhà đầu tư nên cực kỳ cẩn trọng, chỉ vào lệnh khi có xác nhận khối lượng và mô hình tăng giá rõ ràng.
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Phân tích kỹ thuật PI/USDT – Xu hướng giảm vẫn đang chiếm ưu thế
Tại thời điểm hiện tại, PI/USDT đang giao dịch quanh mức 0,7959 USD, giảm 4,64% trong 24 giờ qua. Giá vừa bật lên nhẹ sau khi chạm đáy 0,7814 USD, nhưng xu hướng tổng thể vẫn cho thấy áp lực bán chiếm ưu thế.
Dữ liệu nổi bật:
• Đỉnh 24h: 0,8385 USD
• Đáy 24h: 0,7814 USD
• Khối lượng giao dịch: 56,07 triệu PI (~45,58 triệu USD)
Chỉ báo kỹ thuật:
• MA(5): 0,7944
• MA(10): 0,8084
• MA(20): 0,8176
Hiện tại, đường giá nằm dưới toàn bộ các đường MA ngắn hạn, cho thấy tín hiệu tiêu cực trong ngắn hạn. Đặc biệt, giá đang di chuyển dưới cả MA(10) và MA(20), làm nổi bật xu hướng giảm trung hạn.
Góc nhìn chiến lược:
• Nếu PI giữ được mốc 0,7814 USD, khả năng tạo đáy ngắn hạn có thể xuất hiện.
• Tuy nhiên, để xác nhận xu hướng đảo chiều, giá cần vượt lên vùng kháng cự 0,808 - 0,817 USD, tương ứng với MA(10) và MA(20).
• Nhà đầu tư có thể canh mua quanh vùng 0,78 - 0,79 USD, nhưng nên thận trọng và đặt stop-loss chặt chẽ.
Thị trường vẫn còn biến động lớn – quản lý vốn là yếu tố then chốt trong giai đoạn hiện tại.
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Cảm ơn các bạn đã đọc bài viết này!
Hãy Like, Comment và Follow TinTucBitcoin để luôn cập nhật những tin tức mới nhất về thị trường tiền điện tử và không bỏ lỡ bất kỳ thông tin quan trọng nào nhé!
$BTC $ETH $PI $XRP $SOL $ADA $SUI $DOGE $TRX $LINK $XLM $TON $PEPE $SHIB $ZOO $DOGS $BGB $TRUMP $IP