The claim that 794.41 trillion SHIB (Shiba Inu tokens) are preventing SHIB from deleting a zero refers to the idea that this massive supply is a major obstacle to the price of SHIB increasing significantly — particularly reaching a point where one or more zeros in its price are "deleted" (e.g., going from $0.00001 to $0.0001).
Here’s a breakdown:
1. Token Supply and Price Relationship
Shiba Inu has a total supply in the hundreds of trillions, which massively dilutes its price. In simple terms:
Price = Market Cap / Circulating Supply
With a very large supply, the price remains low unless demand (and thus market cap) rises significantly.
2. Burning Tokens
To increase price potential, SHIB’s community often talks about token burns — permanently removing SHIB from circulation. If 794.41 trillion SHIB were burned or removed, the supply would shrink, theoretically boosting the price if demand remains stable or grows.
3. Deleting a Zero
Currently, SHIB trades at a fraction of a cent (e.g., $0.0000X). "Deleting a zero" means reaching a price ten times higher. This becomes increasingly difficult with such a large supply, hence the concern.
4. What’s Preventing It?
Lack of significant burns: Only a small fraction of SHIB has been burned so far.
Large holder wallets: Some wallets hold massive amounts of SHIB, which may not be moved or burned.
Limited real-world utility: Despite its popularity, SHIB is still mostly speculative.
Market sentiment and volume: SHIB needs high and sustained buying pressure.