market_facts
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$SHIB
Can Shiba Inu Reach $1 in 2025? Brace Yourself for a Surprising Answer
Shiba Inu (SHIB -1.13%) soared by 45,278,000% during 2021, which means had you bought it on Jan. 1 and sold it on Dec. 31, an investment of as little as $3 could have made you a millionaire. Sadly, none of us own a crystal ball.
It proved to be nothing more than a speculative rally because Shiba Inu had lost more than 90% of its peak value by mid-2022. But the meme-token has recovered from its low point thanks to improving investor sentiment, which reached feverish .
levels when Donald Trump won the presidential election last November.
Investors are hopeful the Trump administration will impose crypto-friendly policies and reduce the regulatory burden on the industry. Could those catalysts send Shiba Inu to $1 per token in 2025? The answer is going to surprise you.
Shiba Inu's major supply problem
Shiba Inu's path to $1 will blow your mind
Here's where things get tricky. Around 99.99998% of the current supply will have to be burned to warrant a price of $1, based on Shiba Inu's current market cap. In other words, practically all of the 589.2 trillion tokens in circulation need to be eliminated, leaving just 11.4 billion.
Only 1.2 billion tokens were burned in January, which translates to an annualized rate of 14.4 billion.
Clearly, that won't be enough to send Shiba Inu to $1 in 2025, but here's the shocking part: It will take a whopping 40,916 years to burn all the necessary tokens at the current pace.
If you're hoping to make money, I have even more bad news. Burning tokens doesn't create any value -- it simply reduces supply, which makes each token appear more valuable because it trades at a higher price. In reality, even if you lived for the next 40,000 years, you would simply have 99.99998% fewer tokens with the remainder worth $1 each.
Therefore, your net financial position would be exactly the same .
#SHIB #MarketSentimentToday
Can Shiba Inu Reach $1 in 2025? Brace Yourself for a Surprising Answer
Shiba Inu (SHIB -1.13%) soared by 45,278,000% during 2021, which means had you bought it on Jan. 1 and sold it on Dec. 31, an investment of as little as $3 could have made you a millionaire. Sadly, none of us own a crystal ball.
It proved to be nothing more than a speculative rally because Shiba Inu had lost more than 90% of its peak value by mid-2022. But the meme-token has recovered from its low point thanks to improving investor sentiment, which reached feverish .
levels when Donald Trump won the presidential election last November.
Investors are hopeful the Trump administration will impose crypto-friendly policies and reduce the regulatory burden on the industry. Could those catalysts send Shiba Inu to $1 per token in 2025? The answer is going to surprise you.
Shiba Inu's major supply problem
Shiba Inu's path to $1 will blow your mind
Here's where things get tricky. Around 99.99998% of the current supply will have to be burned to warrant a price of $1, based on Shiba Inu's current market cap. In other words, practically all of the 589.2 trillion tokens in circulation need to be eliminated, leaving just 11.4 billion.
Only 1.2 billion tokens were burned in January, which translates to an annualized rate of 14.4 billion.
Clearly, that won't be enough to send Shiba Inu to $1 in 2025, but here's the shocking part: It will take a whopping 40,916 years to burn all the necessary tokens at the current pace.
If you're hoping to make money, I have even more bad news. Burning tokens doesn't create any value -- it simply reduces supply, which makes each token appear more valuable because it trades at a higher price. In reality, even if you lived for the next 40,000 years, you would simply have 99.99998% fewer tokens with the remainder worth $1 each.
Therefore, your net financial position would be exactly the same .
#SHIB #MarketSentimentToday
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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