794 trillion SHIB becomes a stumbling block! Why can't Shiba Inu coin rise?
Recently, Shiba Inu coin, this popular cryptocurrency, has been unable to break through the $0.00001 mark, and the problem lies in the 794 trillion SHIB weighing it down like a mountain! Despite the community chanting slogans and continuously updating the ecosystem, the price remains stagnant—today, let's analyze who is actually holding it back!
1. Excessive supply, no chance of a rise!
Currently, there are 794 trillion SHIB in circulation on the market. Want to add a zero? First, ask if the market can handle this astronomical market cap! Although the community has been continuously burning tokens, compared to the total supply, it's just a drop in the bucket. Without cutting down more than half of the supply, can SHIB turn around? Difficult!
2. Success due to quantity, failure also due to quantity
Initially, SHIB attracted people with its "low price and large supply", but now it has become a stumbling block. Even if Shibarium's second-layer network and the metaverse are buzzing with activity, the price is still severely diluted by the massive number of tokens—when good news arrives, it's like hitting cotton with a fist!
3. Bull market relies on hype, bear market reveals the truth
When the market is good, SHIB, as a meme coin, can indeed skyrocket, but once the market cools down, its old problems become apparent: too many tokens, too little demand. In the current market, relying solely on community faith cannot support the price!
Key conclusion:
Unless the burden of 794 trillion SHIB is solved, removing a zero is just a dream!
Either have an epic token burn, or wait for the next bull run—otherwise, SHIB will continue to lie flat!
In the short term, don't expect miracles; those holding should prepare for a long-term struggle!
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Within the day; SHIB