Irma Korkia
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🐶 Shiba Inu Price Drops 6%—Can Burning Tokens Help $SHIB Reach $0.01?
📉 Shiba Inu (SHIB) price is down nearly 6%, trading at $0.0000148 today. Even if half its supply (294T tokens) were burned overnight, SHIB would need a massive 65,000% surge to hit $0.01. This implies a market cap of $2.94 trillion—close to the entire crypto market—making it highly unrealistic.
🔥 AI models like Grok 3 and Meta AI agree, stating that a significant shift in market dynamics and widespread adoption would be required for such growth. Currently, Shibarium’s limited adoption with a TVL of $2.8M highlights the ecosystem's need for substantial growth.
📈 Analyst Javon Marks sees potential short-term upside, predicting a possible 400% rally to $0.000081 if the inverse head-and-shoulders pattern plays out.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
📉 Shiba Inu (SHIB) price is down nearly 6%, trading at $0.0000148 today. Even if half its supply (294T tokens) were burned overnight, SHIB would need a massive 65,000% surge to hit $0.01. This implies a market cap of $2.94 trillion—close to the entire crypto market—making it highly unrealistic.
🔥 AI models like Grok 3 and Meta AI agree, stating that a significant shift in market dynamics and widespread adoption would be required for such growth. Currently, Shibarium’s limited adoption with a TVL of $2.8M highlights the ecosystem's need for substantial growth.
📈 Analyst Javon Marks sees potential short-term upside, predicting a possible 400% rally to $0.000081 if the inverse head-and-shoulders pattern plays out.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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