🔥 Can Shiba Inu ($SHIB) actually reach $1? The Hard Truth! 🚨
The idea of $SHIB hitting $1 is thrilling, but let’s break down the reality:
📉 Burning Reality Check:
🔥 Total Supply: 589.5T SHIB
🔥 Burn Needed: 99.99998% (leaving only 13B tokens)
🔥 Current Burn Rate: 2.4B per month (28.8B per year)
⏳ Time Needed: 20,460 YEARS at this rate!
💡 Does Burning Add Value?
While reducing supply can make tokens scarcer, it doesn’t increase the market cap. Even if SHIB burned the necessary tokens, its market cap would remain around $13B, meaning holders wouldn’t see more wealth—just fewer tokens at a higher price.
🚨 The Hard Truth:
🚫 At the current rate, $1 per SHIB is mathematically impossible.
📢 So, What’s next?
Instead of chasing unrealistic price goals, investors should focus on growing the ecosystem, driving adoption, and increasing utility to create long-term value.
💭 Do you still believe $SHIB can hit $1? Share your thoughts below! 👇
