The $0.1385 projection surpasses most of the targets set for Shiba Inu, including the highly ambitious one-cent dream. Reaching the $0.1385 target would push Shiba Inu’s market cap to $81.61 trillion, assuming SHIB’s circulating supply remains constant at 589.25 trillion tokens.
Such a high valuation exceeds the current market cap of major global assets like gold, Bitcoin, and silver. With its current supply, $SHIB will unlikely clinch the $0.1385 target.
Therefore, a considerable chunk of Shiba Inu tokens must be destroyed to enable $SHIB
to clinch the $0.1385 target without its market cap soaring to $81.61 trillion.
In a hypothetical scenario where Shiba Inu’s supply drops to 10 trillion tokens and its price hits $0.1385, Shiba Inu’s market cap would soar to a realistic target of $1.38 trillion.
