What would the price of SHIB be if 50% of the tokens were burned?
If 50% of Shiba Inu (SHIB) tokens were burned, the circulating supply would decrease from approximately 589 trillion to about 294.5 trillion tokens. With SHIB's current market capitalization at $15.87 billion, the price per token could reach approximately $0.00005388. This translates to an increase of about 99.8% from the current price, but it would still not reach SHIB's all-time high of $0.00008616.
It is important to note that burning tokens is just one part of driving the price of SHIB. This needs to be accompanied by increased demand to create a significant price surge. The SHIB development team is also exploring new burning methods that could further enhance the value of this token.
