$SHIB
🚨 Is SHIB Token Burn Enough to Drive Shiba Inu to $1? 🚨
One of the major strategies supporting the long-term vision for Shiba Inu involves the SHIB token burn mechanism. By reducing the overall supply, the aim is to create scarcity and potentially increase value. Yet, achieving the dream price of $1 remains an extraordinary challenge given SHIB’s massive token supply. Currently, Shiba Inu has an outstanding supply of approximately 589.5 trillion tokens. To reach $1 without inflating the market cap to impossible levels, 99.9987% of the total supply would need to be burned, reducing it to around 7.77 billion tokens. At the present burn rate, around 15.64 billion tokens were destroyed in March 2025 alone, but at that pace, it would take over 3,100 years to reach the necessary supply reduction.
