Are the CEOs of #SHIB and #PEPE‏ going to delete so 0?

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Recently, retail investors are discussing that SHIB and PEPE may remove all zeros. Social media is awash with reports such as “SHIB goes to $1!” or “PEPE is about to explode!”

I am also looking forward to it here, because this will be a major milestone in the growth of meme and even the entire encryption circle, and Xiaobai himself is also a loyal fan of PEPE.

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As of now, no official statement has been released by SHIB or PEPE’s official team regarding “removing all zeros” or mass token burning. Existing discussions mainly stem from community speculation and reports from unofficial channels.

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While reducing zero from a token’s price sounds tempting, achieving this involves complex market mechanisms and strategies.

1. Massive Token Burning

However, destroying trillions of tokens requires careful planning and execution. The SHIB community launched a destruction portal in April 2022, allowing holders to voluntarily destroy tokens to reduce supply. Approximately 41% of the total supply of SHIB has been destroyed so far. But this ratio is still far from achieving significant price improvements. And even if it is expected to arrive, it will take a long time to settle.​

2. Market demand and utility

The growth of the price depends not only on the reduction of supply, but also on the market demand and the actual application of the token. Without substantial use cases and widespread adoption, it will be difficult for prices to continue rising even as supply decreases.

At present, SHIB and PEPE are more meme coins based on "emotion-driven" and "community consensus", and their prices depend more on market speculation rather than real application value. Without more practical application scenarios (such as payment, DeFi ecological integration, etc.), it will be difficult to maintain long-term value solely through adjustments on the supply side.

3. Community sentiment and market psychology

The value of memecoins is heavily influenced by community sentiment. While positive community support can drive short-term price gains, such gains are difficult to sustain without solid fundamental support.

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Although pepe said that it will remove two zeros more than a year after its issuance, there is still a very important point that when all zeros are removed, the market value will surpass BTC. This is also a factor that affects the thinking of all retail investors.

While “removing all the zeros” sounds exciting, it’s more of a marketing hype at this point.