Here's some good news for all#shibainuholders, $1 is no longer a fantasy goal.
Burning 99.99% of the remaining ChipINO tokens is theoretically possible but extremely challenging. The initial 50% burn was achieved because Vitalik Buterin burned tokens in one massive action, which cannot be replicated without a central authority.
Currently, burns are community-driven and progressive, with $BTC
Mechanisms such as sending tokens to dead wallets or using transaction-based burns. Achieving such a massive drop would require a massive increase in the burn rate, continued community engagement, or the introduction of mechanisms that incentivize or enforce massive burns.