For any meme coin, it is unlikely to hit a $1 value despite its vast popularity and price surge. Currently, the Shiba coin has a value of around $0.000013 per coin, and to hit the $1 mark, it has to increase approximately by 30% every year, with 2-3% of the coins burned yearly. As the price of the Shiba coin is hitting lower again this year, the investors are hoping that the coin will bounce back soon with an incredible rise. But, as the cryptocurrencies are highly volatile, it will be risky to make any such assumption about this coin at such a moment.