Can Shiba Inu Reach $1 in 2025? This $589 Trillion Problem Stands in the Way
- August 14, 2025
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Key Points
The Shiba Inu (CRYPTO: SHIB) cryptocurrency was created by an anonymous developer named Ryoshi in 2020. Investors piled into it hoping it would have similar success to the industry's original meme token, Dogecoin , which was soaring in value at the time.
Shiba Inu rocketed higher by 45,278,000% in 2021, which remains one of the best annual returns for any asset in the history of the financial markets. It would have been enough to turn a perfectly timed investment of just $3 into more than $1 million.
However, the incredible move was fueled by speculation that inevitably fizzled out, and Shiba Inu has since lost 84% of its peak value. It's struggling to build sustainable momentum because it lacks fundamental catalysts, but a series of pro-crypto policies from President Donald Trump's administration is driving some positive sentiment across the industry right now.
Could 2025 be the year it stages another historic run, this time reaching the $1 milestone? There might be a $589 trillion problem standing in the way.
Shiba Inu might not benefit from crypto-friendly policies
Shiba Inu doesn't have much utility in the real world. It's too volatile to be considered a legitimate store of value, and according to crypto directory Cryptwerk, just 1,074 businesses worldwide are willing to accept it as payment for goods and services.
Trump is making it easier for cryptocurrencies to find new ways to create value by introducing supportive government policies and by relaxing regulations, but it's unclear whether these moves will help speculative tokens like Shiba Inu.
For example, the president created a digital assets stockpile to store a variety of cryptocurrencies that the U.S. government seizes as a result of criminal activity, but Shiba Inu isn't one of them. He also appointed crypto advocate Paul Atkins to run the Securities and Exchange Commission, but a lighter regulatory touch won't solve the meme token's volatile nature or its lack of adoption among businesses and consumers.
The $589 trillion problem preventing a run to $1
The crypto's plentiful supply is perhaps the biggest hurdle on the path to $1. There are 589.5 trillion tokens in circulation, so at the current price of $0.000014 per token, it has a market capitalization of $8.1 billion.