THE POSSIBLE WAY TO BURN 55% OF THE EXISTING SHIBA INU COIN BEFORE 2025! SHIB TOKEN PRICE PREDICTION
The Shiba Inu coin, is the most famous 2021 meme coin. When the coin was created, there were 1 quadrillion tokens, but over 90% of the tokens were burned by Vitalik Buterin. With over 500 trillion tokens, the coin reached its high price on May 10th of $0.00003791. Right now, the coin is 76% down from its all-time high price.
In May, the Shiba Inu made lots of millionaires, and right now, according to the market cap there are over 350 trillion shib tokens, the number has reduced during this year. So, every investor knows that we need to burn more tokens to reach $0.10. The Shiba Inu developers, have introduced different ways to burn tokens. In this video, I will explain to you what you can expect, if 55 % of the current supply gets burned, during the 2021 to 2026 period. I will explain the different ways they introduced to burn tokens, it is possible to burn 55% in the next 5 years, and how much will Shiba be worth after the burn. According to the recent announcement, they burn $25000 worth in Shiba inu, and $25000 worth in leash, for every token listed on the Shiba swap exchange platform.
3 years have passed, and right now have over 51566 Token Pairs. So if the Shiba swap, in the next 5 years, has the same success as uniswapp, this means that we will have over 51500 Token Pairs added on the Shiba swapp. It means that we would burn 51500 times during the next 5 years. so, let's make some maths here, we know that we burn $25000 worth it Shiba Inu and $25000 worth of leash.
So with this maths, it is possible to burn 1287500000 worth in Shiba Inu. So to get the exact amount of coins in Shiba Inu let's divide 1287500000 by the year average Shiba Inu price. That is 1287500000 divided by $0.000007.
SO, the result of this maths is 183928571428571 Shiba Inu coins that we can burn in the next 5 years. Right now, we have over 350 trillion tokens in circulation but if you check on the coin market cap, you will see that there are over 394,796,000,000,000 tokens.
so, it means that lots of coins were burned in a few billion and trillion portions during this year. According to this maths, we can burn 52.5% Shiba Inu in the next 5 years by using the Shiba Swapp exchange platform alone.
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Disclaimer: I am not a financial advisor. Before making any investment decisions make sure to do your own due diligence and consult with your own financial advisor. This is solely for entertainment purposes. Please invest wisely!
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