How Much Shiba Inu Needs to Burn to Skyrocket to $0.0003?

Dogecoin’s meme-coin rival faces a brutal truth—burning tokens is its only shot at relevance.

Shiba Inu’s path to $0.0003 isn’t just steep; it’s a moonshot wrapped in hopium. The math? Simple supply and demand—slash the circulating tokens, and maybe, just maybe, the price claws upward. But let’s be real: this isn’t investing; it’s gambling with extra steps.

Token burns won’t fix Shiba Inu’s core issue—it’s a meme, not a protocol. Yet here we are, watching the circus. Will the burn work? Or is this just another crypto pipe dream? Place your bets—the house always wins.

How Many Coins Need To Be Burned For Shiba Inu To Reach $0.0003?

Shiba Inu (SHIB) currently trades at $0.0000097, has a supply of about 589 trillion, and a market cap of roughly $5.7 billion. Circulating supply multiplied by the price equals the market cap. If the project’s market cap remains the same, and the price has to hit $0.0003, the project’s supply has to be about 19 trillion. This means that the project WOULD need to burn nearly 570 trillion coins. This is close to the 410 trillion coins burned by Vitalik Buterin in 2021. While Buterin was sent half of SHIB’s supply, making it easy for him to undertake a large burn, a similar move is near impossible today.

On the other hand, if Shiba Inu’s market cap increases, we may not need to burn 570 trillion coins to hit the $0.0003 target.

Although burning a large chunk of coins theoretically could lead to a price surge, burns are not enough. According to Shiba Inu (SHIB) lead developer Shytoshi Kusama, the project needs mass adoption for prices to rally. Buterin’s 2021 burn was coupled with high demand. Big burns and high demand led to a massive price spike for Shiba Inu (SHIB).

Shiba Inu (SHIB) is trying to bring more people into the SHIB ecosystem. The Shibarium network needs more development activity to drive adoption. More applications need to be built on the SHIB network for people to flock to the project.