In my opinion, with the current supply of shiba inu, of course it would be impossible for the price of shiba inu to reach 1$, moreover, shiba inu is just a meme coin, it doesn't really have an interesting utility like other altcoins, so I'm not sure that shiba inu will reach 1$
true, shiba reaching that value is very unreasonable considering the fact that it's just meme coin, i don't know why one could ever think shiba with its very limited utility is gonna be beating real coin like bitcoin and ethereum it just doesn't make sense but someone are just gonna believe and have full faith that this meme coin somehow, eventually some day, will have market capitalization that surpass twice of bitcoin.
Shiba's supply is huge, so if it doesn't have any burning mechanism to reduce its supply, it can't reach $1. To say that Shiba will surpass Bitcoin or Ethereum is indeed an illusion, but in terms of its upside chances and overtaking other altcoins, I think it can. Like Doge, many people always decry it, but it has a higher capitalization and value than many other potential altcoins.
The altcoin market including memecoin is a pump and dump market, so don't get too hung up on the utility or use case the projects introduce. Instead we should be more realistic, where to invest to make a profit. Don't forget what our purpose is when investing, as long as you make a profit, you are the winner.