Can Shiba Inu Really Hit $1? The Brutal Math Behind Token Burns

Shiba Inu’s community keeps chanting ’burn more’—as if setting tokens on fire magically conjures a $1 price target. Let’s break down the delusion.

### The Burn Illusion

Even vaporizing 50% of SHIB’s supply today wouldn’t crack the cent barrier. Market cap laws don’t bend for meme coins, no matter how many zeros vanish.

### Supply vs. Demand Theater

Burns might trim supply, but they don’t create demand. Without institutional adoption or utility, SHIB’s just a dog chasing its own tail—with extra steps.

### The Cold Reality

For SHIB to hit $1, its market cap would need to eclipse global GDP. Even crypto’s wildest pumpers can’t defy arithmetic—though they’ll happily sell you the dream.

Token burns? A distraction tactic. The real play? Follow the whales dumping bags while retail piles into hopium. Classic crypto.

• Shiba Inu (SHIB) displays strong bullish momentum amid wider market optimism.
• Massive token supply burn remains essential for SHIB’s $1 dream.
• Heavy sell pressure looms near critical price levels, challenging further breakout.

Shiba Inu (SHIB) has surged with renewed vigor, building upon the positive sentiment sweeping across the broader cryptocurrency market. After a prolonged phase of consolidation marked by investor caution and subdued price action, SHIB’s decisive breakout has reignited enthusiasm among both retail traders and institutional participants.

SHIB is now trading at $0.00001415. SHIB has registered a 1.37% advance over the last 24-hour duration, along with an impressive 21.42% trading volume increase to stand at $313.13 million, a crucial sign pointing to increased investor interest. For the last week, SHIB’s worth increased by an impressive 16.21%, a sign of its effectiveness in riding out the bettering market conditions.

The activity rise indicates that there is a general improvement of confidence towards the token, which places Shiba Inu among the top performers of mid-cap cryptocurrencies. Analysts say the momentum is due to a change of sentiment within the crypto sector, where appetite for risk is gradually being regained. However, while the latest performance of SHIB is optimistic, market analysts warn that sustainability will largely depend on breaking major technical resistance levels within the short term.

Why is it hard for Shiba Inu to reach $1?

While sentiment remains optimistic, the possibility of Shiba Inu hitting the highly touted threshold of $1 is a very tall order. Such a jump would require an almost total destruction of SHIB’s enormous supply. With its existing supply of 589.5 trillion tokens, to achieve the valuation of $1 without increasing the market capitalization would mean burning 99.9987% of its supply down to 7.77 billion tokens.

If the monthly burn rate of SHIB continues, around 15.64 billion tokens were burned last March alone, the community would be more than 3,100 years from achieving a corresponding reduction. While technically possible, the impracticability of such a timeline moderates expectation. Supply reduction strategy seeks artificially to create scarcity, yet the existing rate of burns poses a significant obstacle.

Shiba Inu faces key resistance level

While Shiba Inu enjoys a wave of bull sentiment, a major roadblock awaits. On-chain analysis from IntoTheBlock shows more than 22.7 trillion SHIB tokens hovering between $0.00001293 and $0.000015 across more than 49,000 accounts. Together, these so-called “out-of-the-money” holders are a potential sell wall of significant weight, with numerous owners presumably wanting to break even after they bought up higher.

The densest area of these tokens lies at approximately $0.000014, precariously close to SHIB’s existing trading zone. To continue its upward direction, SHIB needs to break this resistance using adequate purchasing pressure. Otherwise, the market may witness another halt or retracement, which it also experienced at its previous rally attempts.

In the sessions to come, how well SHIB can absorb this supply excess will decide if the breakout will transform into a durable rally or will be just another temporary spurt.