🔥 Can $SHIB
Really Hit $1 Without a $600T Market Cap?
New Hopes for Shiba Inu:
Shiba Inu (SHIB) could theoretically achieve the $1 dream — but only if an extreme supply burn happens.
With a current supply of 589.5 trillion tokens, SHIB would need to burn about 99.9987% of its entire supply!
Post-burn supply: Just 7.77 billion SHIB
Target: $1 per token
Result: A market cap of $7.77 billion, staying close to today's valuation.
🕰️ How Long Would It Take?
Data from Shibburn shows:
Last month's burn: 15.64 billion $SHIB
Annual burn estimate: 187.68 billion $SHIB
At this rate, it would take around 3,141 years to reach the needed burn!
Without a massive acceleration in the burn rate, SHIB’s $1 dream remains technically possible but realistically out of reach.
Bottom Line:
Burns can increase token scarcity and value, but at the current pace, patience would have to span millennia — unless a game-changing burn mechanism is introduced!
Disclaimer:
This is for informational purposes only and is not financial advice. Always DYOR (Do Your Own Research)!
