$SHIB to $1? Let’s Break It Down! 🤑🚀🔥
At the current pace, hitting $1 for Shiba Inu ($SHIB )is almost impossible. Why? Let’s crunch the numbers:
👉 Token Burn Challenges:
To reach $1, 99.99998% of the current supply (589.5 trillion tokens) would need to be burned, leaving just 13 billion tokens in circulation. At the current burn rate (2.4 billion tokens burned last month, or ~28.8 billion annually), it would take a staggering 20,460 years to burn enough $SHIB! 🕰️😭
👉 The Burning Illusion:
Burning tokens doesn’t create actual value—it only reduces supply. 🔥 While the price of each token might increase as supply drops, your total value won’t change because you’d hold far fewer tokens.
For example, after 20,460 years, your remaining tokens might be worth $1 each, but you’d have 99.99998% fewer tokens. This means Shiba Inu’s market cap would still remain at $13 billion, leaving your net financial position unchanged. 🙆♂️💸
In short, while the dream of $SHIB reaching $1 sounds exciting, the math makes it clear—it’s not realistic. Always keep the numbers in mind when investing! 💡 #shib