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Shiba Inu Coin $SHIB to $1? 🚀😱 The Harsh Truth Revealed!
Shiba Inu Coin ($SHIB) dreams of reaching $1, fans are ecstatic, but the data pours cold water: at the current burn rate, it will take 20,460 years! Want it to come true? You need to burn 99.99998% of the 589.5 trillion supply, leaving only 13 billion. However, in the past 30 days, only 2.4 billion have been burned, with an annual rate of 28.8 billion, which is ridiculously far from the target!
Burning coins to save the price? No way!
Reducing supply can raise the price, but the total market cap doesn't increase, holders have fewer tokens, and the price is high; wealth remains the same. Assuming enough is burned in a thousand years, the market cap would still be locked at $13 billion, and the dream of $1 would still be shattered. The dual iron law of mathematics and economics, $SHIB to $1? Purely a pipe dream!
Shiba Inu Coin ($SHIB) dreams of reaching $1, fans are ecstatic, but the data pours cold water: at the current burn rate, it will take 20,460 years! Want it to come true? You need to burn 99.99998% of the 589.5 trillion supply, leaving only 13 billion. However, in the past 30 days, only 2.4 billion have been burned, with an annual rate of 28.8 billion, which is ridiculously far from the target!
Burning coins to save the price? No way!
Reducing supply can raise the price, but the total market cap doesn't increase, holders have fewer tokens, and the price is high; wealth remains the same. Assuming enough is burned in a thousand years, the market cap would still be locked at $13 billion, and the dream of $1 would still be shattered. The dual iron law of mathematics and economics, $SHIB to $1? Purely a pipe dream!
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