To Keep SHIB at $1, $10 Trillion USDT Would Be Needed – Here's Why It’s Impossible
The idea of Shiba Inu (SHIB) reaching $1 has been an exciting topic for holders, but it faces massive economic challenges. One common theory is to inject more liquidity into the market through stablecoins like Tether (USDT). But let’s break down why that’s not as simple as it sounds.
Why $10 Trillion USDT Would Be Required
With over 589 trillion SHIB in circulation, to get SHIB to $1, its total market cap would need to hit $589 trillion. To fuel this with USDT, we’d need $10 trillion of it printed. That’s over 84 times the current supply of USDT. Printing this much would not only destabilize USDT, but it would also wreak havoc on the entire crypto ecosystem.
The Problem with Token Burning
Burning SHIB to reduce supply is often suggested, but it’s not the magic solution. While burning tokens lowers supply, it doesn’t improve liquidity. Without enough liquidity, the market becomes unstable, leading to more volatility rather than a stable price.
A Smarter Approach: Reducing SHIB on Exchanges
Instead of burning, a better strategy would be to withdraw large amounts of SHIB from exchanges and store them in private wallets. By reducing the active supply in circulation, you create natural scarcity without hurting liquidity. If enough SHIB is held in wallets, it could push the price upward while keeping the market healthy.
In summary, reaching $1 for SHIB is a massive challenge. Printing $10 trillion USDT isn’t feasible, and burning tokens doesn’t solve liquidity issues. Instead, reducing SHIB’s presence on exchanges is the most practical path toward price growth, but it relies on the SHIB community coming together.