**🔥 Will SHIB Ever Hit $1? The Math Behind Shibarium’s Burn Mechanism**

Big news for **Shiba Inu** holders! 🚀 **Shibarium**, SHIB’s L2 network, has officially confirmed that **70% of its transaction fees** will be used to **burn SHIB tokens** starting **January 2024**.

🔹 **How Burns Work:**

- Fees collected in **BONE** (gas token) → Converted to **SHIB** → Burned automatically once $25K threshold is hit.

- **30%** of fees go to network maintenance.

🔹 **Can SHIB Reach $1?**

📉 **Current Circulating Supply:** **589 TRILLION SHIB**

🔥 **If Shibarium burns 3T SHIB/year:**

→ **98 YEARS** needed to reach **$1** (assuming demand stays constant).

🚀 **For a realistic chance in our lifetime?** Burns must exceed **100T SHIB/year!**

**Verdict:** While burns help, **$1 seems unlikely without massive demand or hyper-deflationary measures.**

💬 **Do you think SHIB can defy the odds?** Let’s discuss! 👇

#ShibaInu #SHIB #Shibarium #Crypto #Altcoins #Binance

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### **Why This Works for Binance:**

✅ **Clear breakdown** of tokenomics.

✅ **Realistic perspective** (avoids hype, focuses on data).

✅ **Engaging question** to spark discussion.