“Removing Zeros”: The Ambitions of $SHIB and $PEPE
Caution! The following sentiments are purely speculative.
The talk of “removing zeros” is largely driven by community aspirations and market hype rather than guaranteed outcomes.
Shiba Inu ($SHIB)
🔸 Statements & Community Goals:
The Shiba Inu community frequently discusses initiatives like token burns and ecosystem expansion as potential pathways to increase $SHIB’s value. While no explicit promise has been made by the project's leadership, the idea of “removing zeros” (e.g., moving from $0.000001 to $0.0001 or higher) is a shared aspiration.
🔸 Mechanisms at Play:
Token Burns: Regular token-burning campaigns aim to reduce the circulating supply, which could, in theory, increase demand and price per token.
Shibarium: The launch of Shibarium, Shiba Inu’s layer-2 scaling solution, is designed to enhance utility, lower transaction costs, and drive adoption within the ecosystem.
Pepe Coin ($PEPE)
🔸 Statements & Community Sentiment:
Similar to SHIB, $PEPE’s community often discusses ambitious price goals, including the notion of removing zeros. These ideas are typically driven by community enthusiasm and speculative market behavior rather than concrete plans or announcements from leadership.
🔸 Key Drivers:
Community Engagement: As a meme coin, $PEPE relies heavily on hype, social media trends, and community support to drive its value.
Tokenomics: Speculation around potential burning mechanisms or other strategic moves could contribute to the coin’s perceived value, even if no official mechanisms have been confirmed.
Common Strategies
Both $SHIB and $PEPE share several approaches that could potentially lead to higher valuations:
Token Burns: By reducing the supply, burning mechanisms aim to make the remaining tokens scarcer and more valuable.
Adoption and Utility: Both projects focus on integrating their tokens into DeFi, NFTs, and other blockchain applications to increase real-world use cases.