SHIB would have to burn over 332 billion Shiba Inu per day for five consecutive years to reach $0.01.
🐕🐕🐕🐕🐕🐕🐕
I made this post because I'm really tired of this community posting things like "anD we HaVe LiFTofF!" and "itS hAppEninG" when insignificant movement happens.. Temper your expectations because without a significant burn strategy and rate, $SHIB will take DECADES to get to a fabled $0.01 price. Simple, idiot level math explains it all:
Current SHIB Supply and Market Analysis:
• Total SHIB supply: ~549 trillion tokens (as of 2024)
• At $0.01 per token, this would result in:
• Market cap = 549 trillion × $0.01
• Market cap = $5.49 trillion
Context of This Market Cap:
• Bitcoin's market cap (2024): ~$1.3 trillion
• Apple's market cap (2024): ~$3 trillion
• Total crypto market cap (2024): ~$2.5 trillion
• US GDP (2023): ~$27 trillion
Mathematical Barriers:
• To reach $0.01, SHIB would need:
• A market cap larger than Apple, Amazon, and Microsoft combined
• More than 2x the entire crypto market's current value
• About 20% of the entire US GDP
• Even with token burns:
• Would need to burn >99% of supply to make $0.01 feasible
• current burn rate is far too slow to achieve this
• SHIB needs to burn 332+ billion tokens PER DAY for 5 years straight to get it to $0.01
EDIT: Look, do whatever you want to do with your money. My intent is to provide a rudimentary understanding of how the market works so you can set some realistic expectations. I get it, looking at your wallet and seeing you own millions or billions of SHIB makes you giddy. The math simply ain't mathing for SHIB to hit what some of you hope is possible in the near or short term.
#shiba⚡ #BNBHitsATH #CryptoZombieUprising #Share1BNBDaily #MicrosoftBTCInvestmentVote