Shiba Inu (SHIB) fans have been shouting: It will reach 1 dollar in 2026!
First, let's look at the numbers: the current SHIB price is $0.000008, it needs to rise 12.5 million times to reach $1. Sounds crazy? But this coin indeed rose 45 million times in 2021—from $3 to $1 million.
The question arises - what about the supply?
There are 589.2 trillion SHIB in circulation. Simple arithmetic: $1 × 589.2 trillion coins = 589.2 trillion USD market value. This is 5 times higher than the global GDP and 10 times higher than the total value of the S&P 500 companies. In short, based on the current supply, $1 is simply unrealistic.
The Only Way: Large-Scale Token Burn
The community has been “burning coins” (sending them to a dead wallet). In theory, burning 99.99998% of the tokens, leaving 4.8 billion, could support a price of $1. However, this means that each investor would also lose 99.99998% of their tokens - which equates to not making any profit.
A more realistic question: How long will it burn?
Last month, the community burned 94.2 million coins. At this rate, it will take 520,000 years to reach the goal. Your descendants will suffer greatly due to inflation.
Bottom line: SHIB lacks real use cases and is at most a speculative asset. The “$1 dream” is just talk, don't take it as an actual investment goal.
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Can the dreams of SHIB fans come true? Mathematics tells you the truth.
Shiba Inu (SHIB) fans have been shouting: It will reach 1 dollar in 2026!
First, let's look at the numbers: the current SHIB price is $0.000008, it needs to rise 12.5 million times to reach $1. Sounds crazy? But this coin indeed rose 45 million times in 2021—from $3 to $1 million.
The question arises - what about the supply?
There are 589.2 trillion SHIB in circulation. Simple arithmetic: $1 × 589.2 trillion coins = 589.2 trillion USD market value. This is 5 times higher than the global GDP and 10 times higher than the total value of the S&P 500 companies. In short, based on the current supply, $1 is simply unrealistic.
The Only Way: Large-Scale Token Burn
The community has been “burning coins” (sending them to a dead wallet). In theory, burning 99.99998% of the tokens, leaving 4.8 billion, could support a price of $1. However, this means that each investor would also lose 99.99998% of their tokens - which equates to not making any profit.
A more realistic question: How long will it burn?
Last month, the community burned 94.2 million coins. At this rate, it will take 520,000 years to reach the goal. Your descendants will suffer greatly due to inflation.
Bottom line: SHIB lacks real use cases and is at most a speculative asset. The “$1 dream” is just talk, don't take it as an actual investment goal.