đš 3 Reasons Why SHIBA INU Could Make You $1 Million by 2030
Shiba Inu ($SHIB) has been one of the most popular cryptocurrencies since its launch in August 2020. Between then and its peak in October 2021, SHIB's price skyrocketed by millions of percent, making early investors huge profits.
One big challenge for SHIBâs price growth is its massive circulating supply. A key reason behind SHIBâs incredible rise in 2020-2021 was when Ethereum co-founder Vitalik Buterin burned a large amount of SHIB tokens. He was given half of SHIBâs supply at launch but chose to burn 90% of it and donated the rest to charity. This reduced the total supply, sparking a price surge.
Despite this, SHIB still has around 589 trillion tokens in circulation. However, the SHIB team is reportedly working on a new plan to burn trillions of tokens each year, which could drastically lower the supply. If they succeed, another major price rally like in 2021 might happen.
Lastly, SHIB's growing popularity and adoption is a strong factor. Thousands of merchants now accept SHIB, and its community keeps expanding. By 2030, SHIB could even rank among the top 10 cryptocurrencies by market cap, increasing its chances of making early investors wealthy.#Write2Earn! #SHIBAUSDT #Write2Earn! #shiba⥠#writetowin
