Shiba Inu ($SHIB) has become a phenomenon in the cryptocurrency world, attracting millions of investors. However, the biggest question remains: can $SHIB achieve the dreamed price of $0.01 or even $1? Let's analyze in detail and assess this potential.

1️⃣ Can $SHIB Reach $1? 🚀

In reality, it is very difficult for Shiba Inu to reach the price of $1, if not nearly impossible. This is the reason to do:

• 🌍 Market cap to:

Currently, $SHIB has a total supply of 589 trillion tokens. For each token to reach $1, the market cap would need to reach $589 trillion – a figure that far exceeds the value of the entire world economy today.

• 🔥 Token burning in quantity is needed to:

Even if 90% of the $SHIB supply is burned, there would still be 58.9 trillion tokens in circulation. In this case, $SHIB would need a market cap of $58.9 billion – still an unimaginable figure at this time.

2️⃣ Can $SHIB Actually Reach $0.01? 💡

The price level of $0.01 is more feasible than $1, but still not easy.

• 📊 Market cap when reaching $0.01:

Without any burns, $SHIB would need a market cap of up to $5.89 trillion to reach $0.01. Although this figure is much lower than $1, it is still greater than the entire cryptocurrency market cap during its best growth phase.

• 🔥 Token burning is a mandatory factor:

To reduce supply and help $SHIB's price increase, regular token burning through mechanisms like Shibarium or community initiatives is essential.

What Half Factors Determine the Future Value of $SHIB? 🛠️

For $SHIB to have a chance to reach $0.01, the following key factors need to converge:

1. 🔥 Token burning:

Reducing the circulating supply is the most important step to increase scarcity. Major token burns or automated mechanisms will help alleviate pressure.

2. ⚙️ Practical application:

The Shiba Inu ecosystem needs to develop robustly. Projects like Shibarium (Layer 2 solution), DeFi integration, NFTs, and the metaverse will help $SHIB have a higher real value.

3. 💬 Community support:

An enthusiastic community is a great asset for $SHIB. Continuing to maintain momentum and active participation from the community is crucial for long-term development.

4. 📈 Cryptocurrency market trends:

A strong growth cycle in the cryptocurrency market in general could drive $SHIB's price higher. However, this is only a short-term supportive factor and is not enough to achieve $0.01 without internal improvements.

🎯 Conclusion

• $1?

It is nearly impossible for $SHIB to reach $1 unless there is a significant global change and the cryptocurrency market explodes in an unimaginable way.

• $0.01?

It is possible but requires a lot of effort. Achieving $0.01 depends on significant token burns, improving the ecosystem, and a robust cryptocurrency market. However, this is still a major process and will take a long time to accomplish.

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