đ¨ Can SHIB Really Hit $1? It Would Take $10 Trillion USDT! đ¨
The dream of Shiba Inu ($SHIB) reaching $1 is thrilling, but letâs dive into the math and see why itâs a long shot:
Why $10 Trillion USDT Would Be Needed:
To see SHIB hit $1, its market cap would need to match its total supplyâover 589 trillion tokensâresulting in a staggering market cap of $589 trillion. With USDT currently valued at around $118 billion, achieving this would require an incredible $10 trillion in new USDTâan 84x increase in supply. Printing that much would be nearly impossible without causing severe inflation and destabilizing global financial markets.
Why Token Burns Arenât Enough:
Burning tokens can reduce supply, but it doesnât solve liquidity issues, which are crucial for price stability. A smaller supply with poor liquidity would make the market more volatile, not necessarily drive prices up sustainably.
A Realistic Path Forward: Reducing Exchange Holdings:
Instead of burning, a smarter strategy could be for holders to move SHIB from exchanges to private wallets. This reduces the circulating supply and creates scarcity, which could naturally drive up the price while maintaining liquidity. This community-driven approach can make a real impact without destabilizing the market.
Achieving this requires collective action from SHIB holders, emphasizing the importance of reducing active trading volumes and building up private reserves.
Whatâs Your Take on SHIBâs Path to $1? Letâs Discuss! đâđŚşđŹ
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