Shiba Inu (SHIB) volume exploded 60% Saturday. This surge in activity accompanied a 4.64% price increase, pushing the asset’s market capitalization to $4.64 billion.
Daily trading volume reached $217.03 million as retail interest returned to the sector. The renewed capital rotation follows a market forecast from Bitfortune partner Kosasi Nakamoto.
In a post on X, Nakamoto affirmed the token’s ability to generate returns for traders. He explicitly dismissed the retail community’s long-standing goal of a ten-cent valuation.
“Will SHIB rise to $0.1? I highly doubt it,” Nakamoto wrote. “It will definitely bring profits to holders.”
The SHIB $58 Trillion Mathematical Wall
Nakamoto’s skepticism regarding the $0.10 target is rooted in the mathematics of the token’s supply. SHIB has a circulating supply of approximately 589 trillion tokens.
Reaching a unit price of $0.10 implies a total market capitalization of $58.9 trillion. This valuation exceeds the Gross Domestic Product (GDP) of the United States and the European Union combined.
The total market capitalization of the entire cryptocurrency sector previously peaked near $3 trillion. SHIB would need to be 20 times more valuable than the entire crypto market to hit the ten-cent mark.
The figure also dwarfs the world’s largest companies. Apple and Microsoft trade with market capitalizations in the $3 trillion range.
SHIB would need to be roughly 20 times more valuable than Apple for the math to work. This target remains a mathematical impossibility without a catastrophic hyperinflation event or a burn mechanism that removes 99% of the supply.
Volume Over Valuation
The 61% surge in trading volume validates Nakamoto’s point regarding profit potential. A spike to $217 million indicates deep liquidity and active price discovery.
These are the essential components for a profitable trading environment. Capital is treating SHIB as a high-beta volatility instrument rather than a long-term store of value.
Traders are capturing percentage-based yields by utilizing the token’s liquidity. High volume ensures investors can enter and exit sizable positions with minimal slippage.
This makes the asset attractive for short-term strategies even if the $0.10 price target is unreachable.
Following the volume injection, SHIB posted broad gains across all major timeframes. As of 8:24 a.m. ET Saturday, the token was trading at $0.00000788, marking a 4.64% surge over the past 24 hours and a 9.17% rally in the past seven days.
The asset’s market capitalization stands at $4.64 billion, supported by a 61.71% spike in 24-hour volume to $217.03 million, based on the latest data by CoinMarketCap.
Chain Street’s Take
The math is undefeated. Nakamoto is right to kill the $0.10 narrative. A $58 trillion dog coin isn’t happening in this economy. But the $217 million volume print proves the second half of his thesis.
You don’t need a mathematical miracle to make money. You just need liquidity and volatility.
The market is finally pricing SHIB correctly. It isn’t a future global reserve currency.
It is a highly liquid trading vehicle that pays out 4% on a Saturday morning while the rest of the world sleeps. If you’re waiting for ten cents, you’re waiting for the end of the world.
If you’re trading the 60% volume spike, you’re getting paid.
