How 59 million Shiba Inu owners can push the price to $1 through a coordinated token burn campaign:
If 59 million Shiba Inu holders each invested $194.50, they would buy about 10 million SHIB tokens.
This collective action will consume the entire current supply, which amounts to 590 trillion SHIB tokens.
Each person will then burn 9.1 million tokens, significantly reducing the permanent supply.
The cost of burning this amount of tokens will be equivalent to half of the initial investment of $194.50.
A sharp drop in supply could push prices up significantly, even taking SHIB as high as $1.
This shows that the Shiba Inu community has the potential to have a major impact on the value of the token if there is a coordinated consensus.
