$SHIB
{spot}(SHIBUSDT)
📈How Much Shiba Inu Supply to Burn for SHIB to Hit $1 at $500B Market Cap📈

Meanwhile, even with substantial burns, Shiba Inu’s market cap would need to exceed current levels for a $1 price. Interestingly, lead developer Shytoshi Kusama suggested last month that the dog-themed meme coin is capable of hitting a $1 trillion market cap sometime in the future.
On this note, we analyzed how much SHIB the community would need to burn to push Shiba Inu’s price to $1 at half of Kusama’s market cap projection of $1 Trillion. Notably, at a $500 billion market cap, Shiba Inu’s price would reach $1 if its circulating supply is just 500 billion tokens.

Currently, the circulating supply is 589 trillion. Consequently, the community must burn 588.5 trillion tokens, representing 99.91% of the circulating supply, for Shiba Inu to hit $1 at a $500 billion market cap. However, such a burn is unlikely to occur, making the chances of SHIB hitting $1 extremely low.

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