The 1$ each for Shiba Inu can really happen, but it seems like it will take a long time before that happens. Maybe in the bull run we are facing right now, the only possible price value
it can reach depends on the ATH that Bitcoin will reach in the market; it can be as much as 0.0003$ up to 0.003$. SHIB can be ATH this bull season, in my opinion.
But at the end of the day, no one really knows what SHIB's price can be reached in the market because it is known that the market is very unpredictable.
If you see from the screenshot above you can easily notice that at this current price of $0.00001661 the market capitalization is already so huge literally $9 billion and that for a meme coin with no real use is already too overly inflated in my opinion.
just imagine a shiba inu with $1 price the market cap will be $500 billion ++ which is humongous half trillion just for a meme coin alone, knowing that till this date no altcoin ever surpass the BTC market cap, i say it's very unlikely.
the only way for $SHIB to ever reach the price of $1 is by reducing its total supply by significant margin, otherwise it's just a fleeting dream.