How Much Shiba need to be burned Weekly to reach 1$ ?
To reach $1 per Shiba Inu (SHIB) in 5 years, you would need to burn approximately 2.26 trillion SHIB per week. This is significantly higher than the current burn rate, making it a challenging target even with enhanced burn mechanisms.
The current burn rate of Shiba Inu (SHIB) has been fluctuating, but recent data shows a burn rate of around 2.5 billion SHIB per week.
This rate is much lower than the 2.26 trillion SHIB per week required to reach $1 in 5 years, highlighting the need for a substantial increase in the burn rate or other mechanisms to achieve such a target within that time frame.
Under the current burn rate, reaching $1 per Shiba Inu (SHIB) is effectively impossible in the foreseeable future. Given the vast supply and the slow pace of burns, it would take approximately 4,525 years to burn enough tokens at the current rate of 2.5 billion SHIB per week.
