🚨Breaking News! 794 trillion "poison" suppresses the explosive rise of Shiba Inu Coin, who is blocking SHIB from rising above $0.00001?

Shiba Inu Coin (SHIB), the meme darling of the crypto world, despite its booming popularity and continuous ecosystem upgrades, has been unable to break through the $0.00001 barrier. The culprit is the astronomical number—794 trillion tokens are still in rampant circulation!

Oversupply leading to disaster, hope for price increase?

The massive supply has severely diluted the price; to achieve a price "zeroing out" or doubling, a huge market cap increase is necessary. Without large-scale token burn, significant price increases are hard to reach. Although the community is working hard to burn tokens, this small flame is negligible compared to the colossal total supply.

A double-edged sword dilemma: High supply is both an advantage and a shackle

SHIB initially attracted attention because everyone could buy millions of tokens, but the massive circulation has become a stumbling block for price increases. Even with ongoing advancements like Shibarium and metaverse applications, the large quantity still dilutes any positive news impact.

Investment atmosphere influences rises and falls

In a bull market, meme coins soar, and retail investors rush to buy; however, when the market cools, the harsh realities of token economics are exposed, and stagnation becomes the norm.

The future of Shiba Inu Coin hinges on token burns and market trends, what do you think?