In accordance with Bijié Wǎng, if 100 trillion Shiba Inu (SHIB) tokens are burned, the price could rise significantly. If the market cap remains at $4.24 billion, SHIB's price may increase by 20% to $0.00000867; if the market cap grows to $10 billion, the price could surge nearly 184% to $0.0000204. Although the SHIB team is reportedly developing new burning mechanisms, lead developer Shigenori Kusama emphasized that sustained demand, not just reduced supply, is key to price increases.
Shiba Inu (SHIB) Token Burn Could Drive Price Up to 184%
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Summary
Shiba Inu (SHIB) token burns could push the crypto price higher, especially if 100 trillion tokens are removed. At a $4.24 billion market cap, SHIB may rise 20% to $0.00000867. A $10 billion market cap could send the price up 184% to $0.0000204. SHIB developers are working on new burning methods, but lead developer Shigenori Kusama says demand, not just supply cuts, will drive the crypto price. Investors tracking altcoins to watch may see SHIB as a potential mover.
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