**š„ The Reality of Removing 3 Zeros from Shiba Inu ($SHIB) šØ**
When people mention **removing 3 zeros** from **$SHIB**, it doesnāt mean the price will skyrocket overnight. This concept is known as **redenomination**āa change that makes the price appear higher but doesnāt affect the actual **value** of your holdings.
### **What is Redenomination?**
If **$SHIB** is currently priced at **$0.0000000071**, eliminating 3 zeros would adjust the price to **$0.0000071**. However, your number of tokens would decrease proportionally, leaving your total investment value unchanged.
### **Example:**
- **Before Redenomination:**
You own **1,000,000 SHIB** at **$0.0000000071**, valued at **$7.10**.
- **After Redenomination:**
You own **1,000 SHIB** at **$0.0000071**, still valued at **$7.10**.
### **Why Redenominate?**
1ļøā£ **More Attractive Pricing:** A higher-looking price can appeal to potential investors.
2ļøā£ **Perceived Higher Value:** It can give the impression of increased worth.
3ļøā£ **Boosts Investor Confidence:** A stronger price point may build trust among new investors.
### **Important Reminder:**
Redenomination is purely a **visual adjustment** aimed at improving market perception. It doesnāt impact the **market cap** or your portfolioās value. Stay focused on **fundamentals** and make informed investment choices!