SHIB wants to rise to $1? Math will wake you up.

Shiba Inu once created a miraculous return of 45,278,000% in 2021, but has now fallen over 90%, with a price of only $0.000008.

Will it rise to $1? Does it need to increase by 12,500,000%? Is it theoretically possible?

The issue is: The circulating supply of SHIB is 589.2 trillion.

At $1, the market cap would be $589.2 trillion—

  • More than 5 times the global GDP of 111 trillion $(.
  • 10 times more than S&P 500) $57 trillion(

This is simply impossible.

The community hopes to “burn” tokens. To establish $1, it requires burning 99.99998% of the supply. However, at the current rate (monthly burning of 113 million tokens), it will take 521,415 years.

Moreover, even if successful, the amount of cryptocurrency held by each investor will decrease by 99.99998%, and the returns will be directly hedged to zero.

Conclusion: SHIB has speculative value, but the $1 target is more like a spiritual aspiration of the community rather than a mathematical reality.

SHIB1.26%
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