Hello, community!
After a brief break for my exams, I return with an analysis of the rumor that is exploding in Binance Square and X: that $SHIB will burn 99% of its tokens (~500 billion) and the price will reach $1.
Sounds epic, but as always, I went to the sources to separate truth from FOMO.
Spoiler: what I found is not what they are shouting on social media.
🚨 The truth behind the 99% rumor
Origin of the hype (my opinion):
Everything started with a statement from Shytoshi Kusama, leader of Shiba Inu, on November 24, 2024, during a Q&A session on X for his podcast.
Responding to a user, he said that burning 99% of the supply (~589 trillion tokens) is “theoretically possible” if massive projects adopt Shibarium, the SHIB blockchain.
But he clarified: this would require gigantic adoption and would be slow because burning tokens becomes more expensive if the price rises.
Why it exploded now:
The phrase went unnoticed until the bull market (Bitcoin at $122,000) and recent burns (like 1.007 billion in July 2025) fueled FOMO.
Posts on Binance Square and X, filled with emojis (🚀🔥🐕), took it out of context, making it sound like an imminent plan.
Without official proof:
I checked shibatoken.com, news.shib.io, shib.io, shibarium.io, and blog.shib.io, and there is not a single announcement of a burn of 589 trillion (or ~500 trillion, as some say).
Pure smoke.
💡 Why is it illogical to think they will burn 99%?
Science fiction mathematics:
With 589 trillion tokens, SHIB would need a market cap of $589 billion to reach $1.
If 99% is burned (leaving 5.89 trillion), it would still need $5.89 trillion, more than double the current crypto market ($2-3T).
Actual burns are minimal:
December 2024: 25.38 billion SHIB
June 2025: 1.254 billion
July 2025: 1.007 billion
That is less than 0.5% of the supply.
Burning 589 trillion would take decades at the current rate of Shibarium.
It would destroy the project:
Burning 99% would liquidate the wallets of holders, developers, and the ecosystem (Shibarium, ShibaSwap, ShibOS).
Which project would commit suicide like that? No one.
Pure FOMO:
These rumors benefit those who hold SHIB and want to sell high, using clickbait posts (perhaps generated by AI) to attract new buyers.
🚀 The real side of $SHIB
I'm not saying that SHIB is a bad project.
It has 1.5 million holders, a solid blockchain like Shibarium, and plans like ShibaSwap and ShibOS.
The automatic burns of Shibarium work, but they are slow.
Serious analysts (Finder, CoinStats) predict $0.0000399-$0.00006392 for 2025, a jump of 200-400% if the bull market continues.
But $1? That is something we won't see soon.
📌 Conclusion: Don't buy the story
The rumor of burning 99% and reaching $1 is a setup based on a phrase from Kusama (11/24/2024), inflated by sensationalist posts on Binance Square and X, many with exaggerated emojis that seem AI-generated.
My advice: before falling for FOMO, check Shibburn.com, Shibtoken, or ShytoshiKusama.
💬 And what do you think?
Did you see this 99% rumor on social media?
What other crypto stories did you come across?
Share your experience in the comments to keep us alert.
I read you! 👇