Yes, but the initial cap was 1 Quadrillion - which half were given to Ethereum's founder who gave away and burned 90% of his 500 Trillion. Coins are burned everytime they're cashed out and when an NFT on it's blockchain is sold - as the NFT replaces the coins (i.e. If an NFT sold for 1 billion coins, 1 billion are burned) plus the rare tokens ShibaSwap hosts like Leash, Tree and Bone, the later having a market cap of only 250,000 tokens and I believe is around 5 digits - Financial Firms are also buying millions of dollars worth - more so than actual retail investors as there's currently just over 700,000 investors, so there's tons of room for growth. People said Dogecoin would never reach 1 cent because it's just a joke coin with no real value other than straight payment transactions and an unlimited supply - then it ironically pumped to 69 cents and dumped, and now it's around 25 cents - but the point is that people love cheap crypto because they know they can get the biggest bang for their buck, and with Shiba being it's own decentralized exchange and hosting NFTs, it's already much more useful and valuable than Doge. Hell, it may even reach a $1 within a few years.