Over 410 trillion $SHIB burned

**$SHIB (Shiba Inu)** is a "meme coin" with an **extremely large supply**: originally 1 quadrillion tokens. Even after burning hundreds of trillions, **the remaining supply is still in the hundreds of trillions**, so each individual token remains very low-value.

**Why burning hasn’t boosted price:**

1. **Supply ≠ Value:** Burning reduces supply, but SHIB lacks real utility or demand to drive price. Unlike Bitcoin or Ethereum, it doesn’t have strong use cases or scarcity psychology.

2. **Market Cap Matters:** To reach even $0.0001 per SHIB, its market cap would need to exceed hundreds of billions — a massive hurdle requiring huge buying pressure.

3. **Speculative Nature:** SHIB mainly trades based on hype or influencer tweets, not fundamentals. Without consistent demand or adoption, price stagnates.

4. **Volatility & Whales:** Large holders ("whales") can manipulate or dump SHIB, offsetting any impact from burns.

**In short:** Burning helps, but it’s not enough. For SHIB to "moon," it needs sustained demand, real-world utility, and institutional adoption — things it currently lacks. Meme coins are high-risk, speculative assets, not guaranteed moon shots.