Davinci Jeremie is among the many first Bitcoin proponents who urged traders to purchase and put money into BTC again within the day. His video went viral just a few years in the past the place he was urging folks to purchase Bitcoin to safe their monetary future. He requested merchants to think about BTC in 2013 when its value was hovering across the $130 mark. Now, 12 years down the road, BTC crossed the $100,000 milestone in January 2025. The Bitcoin proponent Jeremie lately spoke about Shiba Inu’s prospects and defined it SHIB can ever hit $1.
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SHIB: Will Shiba Inu Reach $1? Bitcoin Proponent Explains the Prospects
Bitcoin analyst Jeremie defined within the newest podcast that there’s little to no probability of Shiba Inu ever hitting $1. He careworn that SHIB’s market cap must breach 600 trillion to even contemplate reaching the $1 milestone. That’s an unimaginable quantity and is 5 occasions larger than the world’s financial system.
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The world economy at the moment stands at $110 trillion in 2025 by way of gross home product (GDP). Subsequently, Shiba Inu rising larger than the worldwide financial system to hit $1 is nothing however a fantasy. The cash merely doesn’t exist and the $1 goal is simply creativeness.
Take for instance Apple Inc, regardless of being the largest firm on this planet, its market cap is $3.56 trillion. The second in line is Nvidia as its market cap stands at $3.23 trillion. Then comes Microsoft with a market cap of $3.11 trillion. Google’s father or mother firm Alphabet, which controls world web has a market cap of $2.05 trillion. Can Shiba Inu, being only a layer-2 ERC20 token ever beat these firms in market cap? The reply isn’t any.
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When requested within the podcast if Shiba Inu can attain $1, Jeremie first laughed it off and answered, “If Shiba Inu have been to go to $1, that might imply that the SHIB’s market cap can be at $600 trillion. And I don’t learn about you, however that might be higher than something within the historical past of mankind that ever existed on the planet. So since that’s not going to occur, Shiba Inu would nonetheless do properly, however not loopy properly,” he mentioned.
