Shiba Inu, a favorite among 1.4 million investors, is widely anticipated to reach the $0.01 mark, but achieving this goal could take many years or even decades due to the token's enormous circulating supply of 589 trillion tokens. Despite the slow pace, investors appreciate the token's affordability, which allows them to buy millions of SHIB for just a few dollars, making it an attractive low-cost investment even in a bearish market.
### Main Challenge:
For Shiba Inu to hit $0.01, a significant reduction in its circulating supply is necessary. Experts estimate that at least 90% of the current supply would need to be burned to create the scarcity required for such a price increase
. The timeline for SHIB to reach $0.01 is heavily dependent on how quickly this supply reduction can be accomplished. Until then, investors are left waiting and hopeful.
