SHIB burns are the fan-favorite topic on X. Scroll your feed and you’ll see:
“🔥 23 Billion SHIB Burned This Week!”
“The supply is dropping fast!”
“SHIB to $0.01 is inevitable!”
Except it’s not. And the math doesn’t lie.
Let’s Look at the Numbers
Total SHIB supply: ~589 trillion
Typical monthly burn: Between 5–20 billion SHIB (based on data from Shibburn.com)
Some days spike to 1 billion—but those are rare.
Even if we round way up and say 20 billion/month:
20B × 12 = 240B burned per year
That’s just 0.04% of the total supply annually
At that rate, halving the supply would take ~1,230 years
To reduce from 589T to just 1T? You’d need to burn 588 trillion SHIB
At 1 trillion per year (which we're not even close to), that would still take 588 years
SHIB holders aren’t waiting for moonshots. They’re waiting for a black hole to form.
Burns Feel Good — But Do They Matter?
Burns sound bullish. They give people hope. But without scale, they’re mostly symbolic.
And in SHIB’s case:
The burns are community-driven, not part of the protocol
There’s no automatic burn mechanism
And there’s no economic engine tied to consistent demand
This isn’t Ethereum post-merge. SHIB doesn’t have transaction-fee-based burns built in. It’s still a speculative meme token—just with occasional campfire rituals.
The Bigger Problem: Everyone’s Hoping for $0.01
Let’s break that fantasy down:
$0.01 × 589 trillion SHIB = $5.89 trillion market cap
That’s almost Apple and Microsoft combined
And over 2× Bitcoin’s market cap
Ask yourself: does that sound remotely realistic?
So… Are SHIB Burns Useless?
Not entirely. They’re:
A sign of a committed community
A psychological motivator
A deflationary gesture
But they won’t solve the supply problem unless something big changes:
A massive utility shift
Protocol-level burn mechanics
Or a total supply reset and relaunch
Right now, they’re just smoke, not fire.
Final Thought
If you’re banking on SHIB hitting $0.01 because of burns, you’re not investing—you’re hallucinating.
The dream’s nice. The math isn’t.
