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Shiba Inu $0.001 Price Target: The Harsh Reality Behind the Burn Mechanism
Shiba Inu (SHIB) has long been a favorite coin among cryptocurrency enthusiasts, with many investors dreaming of a sharp price increase to $0.001. But is this goal realistic? Let's explore the shocking equation behind burning the necessary supply to turn this dream into reality. Large burn request 📉 For SHIB to reach $0,001, its circulating supply would need to drop significantly from 589 trillion tokens to only 8.1 trillion. That means burning 581.15 trillion SHIB! To understand more clearly: The daily burn target ( for over 10 years): 159.35 billion SHIB per day Current daily burn rate: Approximately 2.3 million SHIB per day
At this speed, SHIB's heat must increase to 69.282X to have a chance of hitting the target. The harsh truth 🛑 Currently, the burning rate of SHIB is far from reaching the necessary level. Without a large and continuous burning mechanism, the dream of reaching $0.001 is still just an illusion. Even if the burning rate of SHIB is improved, other key factors also need to be in place, including: ✅ Widely used in organizations - Widely use SHIB in payments and DeFi.
🔥 Active burning program - A structured mechanism to eliminate billions of tokens.
🛠 Utility growth - Expand the SHIB ecosystem to drive organic demand.
⚠️ Black Swan Event - Unexpected catalysts can cause extreme token scarcity. Currently, the price of SHIB is mainly driven by speculation and hype. Without fundamental changes, the oversupply situation will make SHIB's upward target elusive. Why is this important to investors 🤔 This is not FUD—just mathematics. Investors overlook the real scale of SHIB's supply issue, which poses unrealistic expectations. While Shiba Inu still maintains its position as a popular meme coin, reaching $0.001 requires more than just community enthusiasm—it also demands a revolution in SHIB's tokenomics.