🚹 Shiba Inu: Can it really reach $0.01? #Shibalnu#SHIBburn $SHIB

Shiba Inu ($SHIB) is currently ranked#12in the cryptocurrency market, with a market cap of around $20 billion and a circulating supply of 589.26 trillion tokens. Although the token burning mechanism has been a hot topic, many investors are attracted to SHIB with the dream that it could one day reach $0.01 or even $1. But let's do the math.

At the current price of $0.00003256, even if 1 billion tokens are burned daily:

Time to burn a significant supply:

Burning 1 billion tokens per day is equivalent to 365 billion tokens per year.

At this rate, it would take 1,613 years to burn the entire supply down to 1 trillion tokens. Will you wait?đŸ€Ł

Market Cap Reality:

To reach $0.01, SHIB's market cap at current supply would be an astronomical $5.89 trillion—larger than the combined market caps of#Bitcoin,#Ethereum, and most global companies!

To make this feasible, a massive reduction in the token supply through burns would be required, but at the current burn rate, this is a very long-term play.

💡 Key Takeaway:

Burn mechanisms are promising but do not guarantee quick results. Reaching even $0.01 would require either massive token burns at a faster pace or unprecedented global adoption and investment—a speculative and risky bet.

🔮 Reminder: Cryptocurrencies are highly volatile, and investing involves significant risks. Always do thorough research, understand market dynamics, and never invest more than you can afford to lose. 🚀

Do you believe SHIB has the potential to reach $0.01? Follow me and let me know your thoughts below! âŹ‡ïž