#SHIBA✅🚀
Can SHIB break through the $0.01 mark?
Talk about its development trajectory and potential
Since its launch in 2020, Shiba Inu has been dubbed the "Dogecoin Killer". SHIB has a strong community, and everyone is looking forward to it rising to $0.01. But to achieve this goal, you have to make a lot of efforts. Let's take a look at which factors may help SHIB and which may hinder it.
Huge supply, big market value challenge
One of the biggest problems facing SHIB is the huge supply - 589 trillion. If you want to rise to $0.01 with so many tokens, the market value will soar to $5.89 trillion, which is more powerful than the world's top companies. Therefore, if you want SHIB to rise to $0.01, reducing the supply is the key.
Destroy tokens to meet challenges
In order to deal with the problem of large supply, SHIB has set up a token destruction mechanism. On the Shibarium network, part of the transaction fees are used to destroy SHIB, so that the total amount will gradually decrease. So far, 410 trillion have been destroyed. But to reach $0.01, the destruction speed must be faster. This depends on the patience and perseverance of the community and developers.
Expand the ecosystem and improve practicality
SHIB's ecosystem is also expanding. Platforms such as ShibaSwap and Shibarium have given SHIB more uses in real life. SHIB has also made a name for itself in the metaverse, where users can buy virtual soil. These projects are all trying to make SHIB more practical. Once the demand goes up, the price will naturally go up.
Look at reality rationally
To be honest, SHIB is still far from the goal of $0.01. But SHIB has been developing, and the community is also very powerful, and it may still grow steadily. To achieve this goal, the destruction speed must be faster, the practicality must be wider, and the market must be strong.
Is SHIB worth waiting?
For those who can bear the risk, SHIB may be a long-term investment worth trying. This road is not easy. You need patience to reach $0.01, and the ecosystem needs to develop greatly.
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