Although Shibarium's plan to burn 30 trillion SHIB tokens every year sounds very appealing, the reality may not be optimistic for investors hoping for Shiba Inu's price to quickly reach $1. Based on the current burn rate, achieving this goal could take as long as 98 years, which far exceeds the life expectancy of most people.
However, if Shibarium can adopt a more aggressive burning strategy, such as burning over 100 trillion tokens annually, then the goal of Shiba Inu reaching $1 could be achieved in a shorter time frame. For investors anticipating a significant rise in Shiba Inu's price, the rate of token burning will be a critical factor. Without a significant increase in the amount burned, achieving this goal in the short term will be very difficult. But if the burn rate accelerates, what once seemed impossible could become a reality.
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