#SHIBAโ ๐
With 1,000 trillion SHIBA Inu coins originally minted and 500 trillion given to the Ethereum founder, who then burned ๐ฅ90% and donated 10%, we're left with around 500 trillion SHIB coins. ๐ถ๐ฐ Reaching $0.01 per coin seems impossible with such a vast supply. ๐ซ๐ต
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The devs can't burn ๐ฅ 99% of the coins as they don't hold them all. Even their minor burns (like the $25,000 worth) barely scratch the surface of the 500 trillion. ๐๐ธ
Earning and then burning SHIB through lending, staking, or other methods could reduce the total over years, possibly making $0.01 a reality. ๐ฑโก๏ธ๐ณ๐ฒ Hodl, stake, or what? ๐คทโโ๏ธ๐
Reducing the supply to 50 trillion or less seems necessary but challenging. ๐โEveryone talks about burning, but who's actually paying for it? ๐ธ๐ฅ
Maybe we all need to burn 20% of our holdings, plus profits from staking, and implement burns on transactions? ๐ฅ๐ผ๐
