🤔 The problem with 589 trillion for Shiba Inu.🤔
🐶Currently, about 589.5 trillion tokens are in circulation.
🐶However, the Shiba Inu community is trying to solve this problem by burning tokens, which permanently removes them from circulation. Theoretically, the price per Shiba Inu token should organically increase in proportion to the number of tokens burned.🚀🚀🚀
🐶How long will it take to burn 1 trillion tokens?
🐶In November, about 1.7 billion tokens were burned, which corresponds to an annual rate of 20.4 billion.
1 trillion / 20.4 billion ≈ 49 years
🐶Hooray! We burned 1 trillion, but we still have 588 trillion left. In 49 years, only 0.17% of the total supply has been burned.
🐶But even if investors somehow live to see that day, they won't make any money. Burning tokens does not create value — it only reduces supply, making the reduced number of tokens more valuable.