- ShibaInu Could Soar to $0.000719 if Total Supply Shrinks to 10 Trillion Tokens, Marking a 5,793% Surge
- While this scenario is highly ambitious, it highlights the powerful impact of supply reduction on SHIB’s potential future value.
ShibaInu Journey from Meme to Market Contender
Since its explosive debut in August 2020, ShibaInu (SHIB) has evolved from a viral meme coin into a community-driven project with real utility. One of its most dramatic changes? A reduction in its token supply. Originally launched with a staggering 1 quadrillion tokens, SHIB’s current total supply has shrunk to 589.25 trillion, thanks to massive community and developer-led burn initiatives — including one by Ethereum co-founder Vitalik Buterin.
Burns, Community Demands, and the 10 Trillion Dream
Despite more than 410 trillion SHIB already burned, community members are now pushing for an even more ambitious goal: slashing the supply to 10 trillion. Their rationale? SHIB’s underwhelming price performance. Over the past year, SHIB has dropped 40.86%, and 14.47% in the past month alone. Many blame its still-massive supply for these losses, especially in light of Ethereum’s similar struggles in the current downtrend.
What If SHIB Had Just 10 Trillion Tokens?
Here’s where things get spicy. If SHIB’s total supply were cut to 10 trillion — an eye-popping 579 trillion tokens burned — and its market cap stayed at $7.19 billion, its price would shoot up to around $0.000719. That’s a staggering 5,793% increase from today’s price of $0.00001220.
Is $0.0007 SHIB Realistic?
Interestingly, multiple forecasts already hint at SHIB hitting the $0.0007 mark. Telegaon predicts ShibaInu will trade near $0.000712 by 2030, while Changelly projects a similar price — albeit now shifted to December 2034, after revising its earlier 2030 forecast due to recent price weakness.
The Real Power Behind SHIB’s Future
While burning 579 trillion tokens sounds improbable, the scenario showcases the sheer influence of supply control on price dynamics. As SHIB integrates more burn mechanisms — especially via Shibarium-based fees — community optimism remains alive.
