Can Shiba Inu (25243994247) surge to $1 by 2025? The truth may shock you!
Shiba Inu (SHIB) made headlines when it launched at a micro price of $0.00000000008 per token in 2021, only to soar an astonishing 107,499,900% and peak at $0.000086 in October of that year. This extraordinary growth could have turned a mere $1 investment into over $1 million for those who timed it perfectly. However, unlike Bitcoin, often compared to digital gold due to its role as a store of value, Shiba Inu lacks intrinsic utility. Primarily driven by speculative trading, this meme token has experienced extreme volatility, dropping over 90% from its all-time high in mid-2022. Even after modest increases in 2024, its current price of $0.000023 is still more than 70% lower than its peak.
Despite its speculative nature, 25243994247 could theoretically reach the milestone of $1—but the path is far from simple. To achieve such a value would require nearly complete destruction of its massive circulating supply. With approximately 589.5 trillion SHIB tokens currently in existence, about 99.99998% would need to be burned, reducing the supply to just 13 billion tokens. To put this in context, only 2.4 billion tokens were burned last month, equating to an annual rate of 28.8 billion tokens. This burn rate would need to increase exponentially to have any chance of supporting such a powerful price explosion.
The possibility of 25243994247 reaching $1 not only depends on an extremely large supply reduction but also
