💣🔥Destroying 1 trillion daily? SHIB may hit $0.01, is Dogecoin about to "take off"?! 🚀🐕
Dogecoin (SHIB) has recently experienced a strong rebound, with a surge in network activity and skyrocketing destruction rates, this "internet celebrity dog" is back in the market spotlight! Currently, SHIB is priced at $0.0000132, with a daily increase of 4%, and investors are betting on a larger breakthrough to come.
💥If 1 trillion are destroyed daily, how high can SHIB go?
Data shows that 67 million SHIB have been destroyed in the past week, with a 24-hour destruction rate soaring by 3000%. The community is speculating: What would happen if 1 trillion SHIB were destroyed every day?
👉 Currently, only about 1 trillion SHIB have been cumulatively destroyed, while the total supply is as high as 589 trillion, meaning the current destruction rate has minimal impact.
However, if the daily destruction reaches 1 trillion, it would clear 365 trillion in a year, accounting for 62% of the total supply!
According to analysis data:
Assuming market capitalization remains unchanged, the price of SHIB could increase by 167%, reaching $0.000037.
If user demand surges, it might even challenge the psychological barriers of $0.001 or $0.01.
📈Technical aspect: Bullish patterns emerging, a bull market is poised to take off!
On the technical chart, SHIB is forming a typical "cup and handle" pattern, about to test the resistance at $0.0000147. If it breaks through, the next stop could be $0.000017.
At the same time, the DMI indicator shows that buying pressure is increasing, but it is necessary to be cautious as the trend strength index ADX is still weak, suggesting there might be short-term pullback risks.
🔧Can Shibarium support the dream of destroying 1 trillion?
To achieve the goal of destroying 1 trillion daily, the Shiba Inu ecosystem must expand significantly. Currently, its Layer 2 network Shibarium's TVL has surpassed $3 million, and if it can catch up to Polygon or Arbitrum, the future potential is immense.
If Shibarium's TVL reaches the $1 billion level and continues to attract user activity, then large-scale destruction will become a reality, and SHIB could truly "reverse the trend among dogs"!
📌**Conclusion:** Destroying 1 trillion SHIB daily sounds crazy, but it is precisely this "crazy narrative" that gives meme coins their powerful vitality. The next round of explosion may just start from this "destruction revolution"! 🐶🔥