Shiba Inu☠️💔: Chasing the Hype, But Can It Deliver?

1. Understanding Current Metrics

Market Cap (MC): $14.16 billion

Formula:

Substituting:

Price Per Token (P): $0.000023

Total Supply (S): 589.51 trillion tokens

Market Dominance: 0.4552% (of total crypto market cap).

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2. What Would Happen at $1 per Token?

If SHIB's price were to increase to $1 per token, the market cap would be:

MC = Price \times Supply = 1 \times 589.51 \, \text{trillion} = 589.51 \, \text{trillion dollars}.

This is an unrealistic market cap, as it would exceed the total market cap of the entire global economy, let alone the crypto market (currently ~$3 trillion in bull markets).

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3. Impact of Burning Tokens

Token burning reduces the total supply, potentially increasing the token price if demand remains constant. To calculate how much supply needs to be burned to reach a price of $1 per token with a realistic market cap:

Assume a realistic target market cap:

Let’s assume SHIB could reasonably achieve a market cap of $500 billion (comparable to Bitcoin or Ethereum in bullish scenarios).

Using the formula , rearranged to find :

S = \frac{MC}{P}

For and :

S = \frac{500 \, \text{billion}}{1} = 500 \, \text{billion tokens}.

Current supply vs. target supply:

Current supply: 589.51 trillion tokens.

Target supply: 500 billion tokens.

The tokens to burn:

\text{Tokens to burn} = 589.51 \, \text{trillion} - 500 \, \text{billion} = 589.01 \, \text{trillion tokens}.

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4. Key Findings

To reach $1 per token with a market cap of $500 billion, Shiba Inu would need to burn approximately 99.91% of its total supply (589.01 trillion tokens).

Without a massive token burn or a breakthrough in global adoption, reaching $1 per token is highly improbable given current metrics.

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5. Other Considerations

Demand Growth: If Shiba Inu sees significant adoption (e.g., in payments, DeFi, or gaming), its value could increase without burning the entire supply.

Tokenomics: Regular burns (as already implemented) and community-driven initiatives like staking could gradually reduce supply and increase scarcity.

Market Sentiment: Crypto prices are highly influenced by speculation and investor enthusiasm, which could temporarily drive up prices.

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Just think about it 🤣 🤣 😉 😉

While $1 per token is practically unachievable without burning 99.91% of the supply, Shiba Inu can still see significant growth with steady token burns, strong community support, and increased utility. A more realistic goal might be $0.000031 or $0.0001 in the long term if these factors align.

For more analysis.. 🤪

Consult your Maths professor 😁😅😅😅😅😅🔥🔥