$SHIB

Shiba Inu Marketing Lead Backs $0.01 Target Despite Market Cap Concerns

Shiba Inu marketing lead Lucie says $0.01 target is realistic but not imminent.

Current price would require $5.89 trillion market cap at 589.5 trillion supply.

Token burns, utility expansion could reduce supply requirements.

Shiba Inu’s marketing lead Lucie has supported the controversial $0.01 price prediction. However, she also acknowledged the target would not materialize anytime soon. Her comments come as the crypto community debates whether SHIB can realistically achieve such a massive price increase from current levels.

The $0.01 prediction has drawn skepticism due to mathematical challenges surrounding Shiba Inu’s enormous token supply. With 589.5 trillion tokens currently in circulation, reaching $0.01 would require a market capitalization of $5.89 trillion, exceeding Bitcoin’s current valuation and surpassing major assets like silver.