$SHIB $SHIB
đ SHIBâs 55% Rebound: Whatâs Going On?
Shiba Inu (SHIB) recently staged an explosive recovery, surging approximately 55% from its crash lows. After plunging to around $0.000007738, SHIB rebounded to the $0.000011 zone.
This sharp bounce has reignited speculations: Is $1 SHIB possible? Or will a newer project like Mutuum Finance (MUTM) outpace it?
Letâs dig into both narratives â the mythology and the realistic outlooks.
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đ Can SHIB Actually Hit $1?
The Hurdles Are Huge
A few big challenges stand in the way:
1. Massive Supply
SHIB has an enormous supply (hundreds of trillions of tokens). To hit $1, the total market capitalization would need to reach astronomical levels. Even a partial move toward that would demand near-impossible demand.
2. Burn Rate vs. Emissions
Some supporters argue that aggressive burning of SHIBâremoving tokens permanentlyâcould help push price higher. But current burn activity is tiny relative to the total supply, so its effect is limited.
3. Market Psychology & Speculation
A $1 SHIB calls more to the imagination than fundamentals. Itâs the kind of narrative that sells headlines, but itâs extremely unlikely under realistic market conditions.
Whatâs More Realistic?
Some chart analysts observe a descending wedge or a consolidation zone that SHIB is trying to break out of.
Others warn of a âbearish crossroads,â citing macro pressure, liquidity issues, and fragile momentum.
A more plausible medium-term target might be in the $0.000015â$0.000020 range if a sustained rally takes hold â but even that would require strong momentum, large inflows, and community support.
Bottom line: $1 SHIB is more fantasy than forecast. The rebound is real, but its path upward is steep and full of resistance.
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đ± Enter Mutuum Finance (MUTM) â A More Modest Bet?
Mutuum Finance (MUTM) is a newer DeFi token currently still in presale phases, and itâs drawing interest from speculative investors.
Current Status & Structure
In Phase 5 presale, MUTM is around $0.03 per token.
