Lately, there’s been growing optimism in the $SHIB
community about Shibarium’s burn potential, so I decided to run the numbers myself. What would SHIB be worth if Shibarium managed to burn 10 trillion tokens every month for the next five years?
Here’s what I found:
If that burn rate held steady, we'd be looking at 600 trillion tokens destroyed over five years. But since Shiba Inu’s total supply is currently around 589.5 trillion, burning the entire supply is obviously not realistic.
So, let’s take a more conservative estimate: say Shibarium manages to burn 500 trillion $SHIB over the next five years. That would leave us with a circulating supply of just 89.5 trillion tokens.
Even without changes to the current market cap, this kind of supply cut could seriously shift SHIB’s price. With the market cap sitting at about $7.37 billion and $SHIB trading around $0.00001251, a reduced supply of 89.5 trillion tokens would push the price up to roughly $0.00008234 per token.
That price is still slightly under SHIB’s all-time high of $0.00008845 from October 2021, but it would still be a massive 558.19% increase from where we are now.
It’s all speculative for sure, but if Shibarium delivers on its burn potential, the impact could be huge.