🚨 Shiba Inu: Can It Really Hit $0.01? 🚨#Shibalnu #SHIBburn $SHIB

Shiba Inu ($SHIB ) is currently ranked #12 in the crypto market, boasting a market cap of around $20B and a circulating supply of 589.26 trillion tokens. While the token-burning mechanism has been a hot topic, many investors are drawn to SHIB with the dream that it could one day hit $0.01 or even $1. But let's do the math.

At the current price of $0.00003256, even if 1 billion tokens are burnt daily:

Time to Burn Significant Supply:

Burning 1 billion tokens per day equates to 365 billion tokens per year.

At this rate, it would take 1,613 years to burn the entire supply down to 1 trillion tokens. Would you wait?🤣

Market Cap Reality:

To reach $0.01, SHIB's market cap at the current supply would be an astronomical $5.89 trillion—larger than the combined market cap of #Bitcoin , #Ethereum , and most global companies!

To make this feasible, a massive reduction in token supply through burns would be required, but at the current burn rate, it’s a very long-term game.

💡 Key Takeaway:

Burning mechanisms are promising but don’t guarantee quick results. Reaching even $0.01 would require either massive token burns at a faster rate or unprecedented global adoption and investment—a speculative and risky bet.

🔴 Reminder: Cryptocurrencies are highly volatile, and investing involves significant risks. Always do thorough research, understand the market dynamics, and never invest more than you can afford to lose. 🚀

Do you believe SHIB has the potential to hit $0.01? Follow me and let me know your thoughts below! ⬇️