$SHIB
Shiba Inu’s incredible rise in 2021, with its price skyrocketing by 107,499,900%, grabbed everyone’s attention. But can SHIB reach $1 by 2025?
For this to happen, almost 99.99998% of SHIB’s huge supply would need to be burned, leaving just 13 billion tokens. At the current burn rate of 2.4 billion tokens per month, it would take over 20,000 years to burn enough tokens. Even if the burn rate speeds up, burning alone won’t be enough to make SHIB reach $1.
For SHIB’s value to grow significantly, it needs real-world use cases, like being used in DeFi platforms or the metaverse. While hype and speculation might lead to short-term price jumps, reaching $1 by 2025 seems nearly impossible.
