Can Shiba Inu ($SHIB) Hit $1 by 2025? The Harsh Reality
Shiba Inu ($SHIB) saw explosive growth in 2021, surging over 107,499,900%, but it’s down 70% from its all-time high. Could $SHIB reach the elusive $1 mark?
The Challenges:
Massive Supply: With 589.5 trillion tokens in circulation, achieving $1 would require burning 99.99998% of the supply, reducing it to 13 billion tokens.
Burn Rate: Only 2.4 billion tokens were burned last month. At this rate, it would take centuries to achieve the needed reductions.
Market Cap: At $1 per token, $SHIB would need a market cap of $589 trillion—impossible without dramatic supply cuts.
The Possibilities:
Accelerated Burns: Community-driven burns and new utility projects like Shibarium could increase adoption and burn rates.
Real Utility: Transforming from a meme token to a functional asset is critical for sustained growth.
Bottom Line: While $1 is unlikely without drastic changes, $SHIB could still see incremental gains through innovation and aggressive burns.
What’s your take on $SHIB’s future? Share your thoughts!
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