Here is the Only Way Other Than Shiba Inu Burns For SHIB to Reach $0.01
By: bitcoin ethereum news|2025/05/05 00:15:01
0
Share
While aggressive SHIB burns are often seen as the only way for Shiba Inu to reach $0.01, SHIB could still hit that milestone through other means. Like most crypto assets, Shiba Inu’s performance has been below expectations. Given the positive developments in the market, most Shiba Inu community members expect the token to be trading at higher levels compared to the current price. In particular, the United States government, under Donald Trump’s leadership, has been supportive of crypto. The government is making efforts to establish fair and clear regulations for the industry. As part of this effort, the SEC recently declared that meme coins like Shiba Inu are not securities. Despite this, Shiba Inu has continued to underperform. At the current price of $0.00001327, it is down 10.28% in the past week and has fallen by 60.13% from its December 8 peak of $0.00003329. Is Burns the Only Way for SHIB to Hit $0.01? Nonetheless, some Shiba Inu enthusiasts have remained optimistic about SHIB’s prospects, particularly its potential surge to the $0.01 target. For context, reaching the $0.01 target requires Shiba Inu to rise by 75,257% from the current price of $0.00001327. If this happens, Shiba Inu would have a market cap of $5.89 trillion, assuming its supply of 589.5 trillion tokens remains constant. The $0.01 prediction has gained popularity within the Shiba Inu community, with members deliberating whether SHIB could ever achieve the milestone. While Shiba Inu’s marketing lead, Lucie, believes SHIB’s potential surge to the $0.01 target is more likely to happen, critics emphasize that the prediction is unrealistic. These critics think that Shiba Inu could only reach the $0.01 target if it experiences an aggressive burn that would drastically reduce its supply by a huge margin. Another Path to $0.01 However, some users believe that SHIB’s price could reach the ambitious target if it stays closely correlated with Bitcoin and the premier asset’s value spikes tremendously. According to data from IntoTheBlock, Shiba Inu’s correlation with Bitcoin stands at 92% over the past 30 days at the time of publication . This indicates that Shiba Inu’s value would spike massively whenever the price of Bitcoin soars, and vice versa. Notably, Shiba Inu has a history of outperforming Bitcoin. Therefore, a little surge in Bitcoin’s price could translate to a heavy increase for Shiba Inu, potentially paving the way for SHIB’s surge to the ambitious $0.01 target. Bitcoin to Still Maintain Dominance This analysis assumes that Shiba Inu’s potential rise to $0.01 would not stop Bitcoin from being the world’s largest cryptocurrency by market cap. As mentioned earlier, Shiba Inu is expected to have a market cap of $5.89 trillion if its price rises to $0.01. Notably, Bitcoin can only maintain its dominance in the crypto market if its market cap exceeds the $5.89 trillion mark. For instance, at a market cap of $5.89 trillion, each Bitcoin would be worth $296,585, assuming BTC maintains its circulating supply of approximately 19.86 million coins. Bitcoin could further solidify its dominance in the crypto market if its valuation doubles that of Shiba Inu when SHIB rises to $0.01. Doubling SHIB’s $5.89 trillion market cap would hypothetically put Bitcoin’s valuation at $11.78 trillion. At this valuation, Bitcoin would trade at $593,171 per coin, representing an increase of 516% from the current price of $96,265. Despite how enticing this analysis seems, there is no guarantee that Shiba Inu would ever clinch a target price of $0.01 even when Bitcoin’s price increases. Therefore, investors must exercise caution and conduct due diligence before investing in cryptocurrencies. DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses. Source: https://thecryptobasic.com/2025/05/04/here-is-the-only-way-other-than-shiba-inu-burns-for-shib-to-reach-0-01/?utm_source=rss&utm_medium=rss&utm_campaign=here-is-the-only-way-other-than-shiba-inu-burns-for-shib-to-reach-0-01
You may also like

Forbes Special Report: The Embrace of AI Agents in the Cryptocurrency Industry
AI agents are becoming the true native users of cryptocurrency; they do not need a beautiful interface, just a wallet and a payment track. This wave of "machine commerce" may be the most rational narrative in the crypto industry for years, or it may just be another round of hype in a new bottle.

Bitpanda, Vision Web3 Foundation, and Optimism Partner to Onboard European Financial Institutions to the Global Blockchain Economy
Vision Chain aims to address the long-standing infrastructure bottlenecks in the European financial sector

What will the early Hyperliquid prediction market look like?
Unleash the Imagination Space of On-chain Finance

Overseas VC's Two-Week Trip to China AI Leaves Them in Awe of Shenzhen Hardware
Delphi Labs founder's two-week deep dive into China's AI ecosystem: More bullish on hardware than expected, more bearish on software than expected, and observations on Chinese founders that flipped his prior beliefs.

Was CZ Also Rug Pulled? BNB Treasury CEA Industries Control Battle
CEA Industries' mNAV drops to 0.68, YZi Labs personally steps in to clean up the mess

A transaction in 7 seconds, earning tens of millions of dollars, he's seen as the "cancer of meme coins."
The belief that "Day Trading Shitcoins is the Only Way to Make Money" has become their go-to strategy.

Bittensor Ecosystem Token SN Surges 5x in March, What's Behind Richard Heart's One-Liner?
What did Andrew Ng say? Did he say anything? Is Distributed AI Training Feasible?

The economy is entering a new cycle, how can the average person prepare?
The key is not how much you earn, but whether you have cash flow, low leverage, and the ability to earn consistently

Access Binance Alpha Box: Sigma.Money to Launch BNB Chain Ecosystem Yield Farming Gateway
Sigma.Money's innovation is now translating into tangible market momentum.

Kimi, Chip, and Bean come together for a Crypto Hackathon: What did AI developers build on Monad?
Monad Ecosystem AI Deployment, More Than Just a Hackathon.

How to Trade Crypto on Mobile Browser & Win LALIGA Tickets (2026 Guide)
Discover how AI automation, natural language trading, and mobile browser trading platforms are shaping automated trading in 2026. Join the WEEX live trading event for early access and rewards like LALIGA VIP tickets.

Connecting encryption, TradFi, and payments, is Gate completing the final puzzle of the "super APP"?
Why is it said that TradFi is not a short-term narrative?

a16z Crypto Operating Partner: Wall Street is undergoing its biggest infrastructure upgrade in 30 years
What is currently happening is the largest infrastructure upgrade in the capital market since the rise of electronic trading thirty years ago.

a16z Crypto's latest research: What is the key to the large-scale application of DeFi?
The widespread adoption of on-chain financial applications still faces an invisible barrier: the lack of transaction order certainty. Under a single leader architecture, nodes can delay, censor, or even front-run user transactions, thus completely distorting the game among market makers, bidders, an...

Founder of Delphi Labs: My observations and feelings about the AI ecosystem in China in two weeks
Delphi Labs co-founded a deep observation of China's AI ecosystem: hardware manufacturing is quietly winning the global war at an astonishing speed, but the software sector is mired in an overvaluation bubble and the homogenization of founders.

AI Seating Chart Released | Rewire News Morning Brief
Musk and Ultraman are not above

Is the era of Embodied AI's "GPT Moment" Approaching? Axis Robotics Announces End of Testing, Set to Launch on Base Chain
Axis's answer is yes - provided that a thorough reshaping of the scale-up production of robotic data is required, and a redefinition of the deployment paradigm in the physical world.

Meta Layoff Explained: On the same day as laying off 700 people, they handed out $90 billion in retention bonuses to executives
The money saved from laying off 700 people is approximately equivalent to Meta's 1.5 days of AI infrastructure spending
Forbes Special Report: The Embrace of AI Agents in the Cryptocurrency Industry
AI agents are becoming the true native users of cryptocurrency; they do not need a beautiful interface, just a wallet and a payment track. This wave of "machine commerce" may be the most rational narrative in the crypto industry for years, or it may just be another round of hype in a new bottle.
Bitpanda, Vision Web3 Foundation, and Optimism Partner to Onboard European Financial Institutions to the Global Blockchain Economy
Vision Chain aims to address the long-standing infrastructure bottlenecks in the European financial sector
What will the early Hyperliquid prediction market look like?
Unleash the Imagination Space of On-chain Finance
Overseas VC's Two-Week Trip to China AI Leaves Them in Awe of Shenzhen Hardware
Delphi Labs founder's two-week deep dive into China's AI ecosystem: More bullish on hardware than expected, more bearish on software than expected, and observations on Chinese founders that flipped his prior beliefs.
Was CZ Also Rug Pulled? BNB Treasury CEA Industries Control Battle
CEA Industries' mNAV drops to 0.68, YZi Labs personally steps in to clean up the mess
A transaction in 7 seconds, earning tens of millions of dollars, he's seen as the "cancer of meme coins."
The belief that "Day Trading Shitcoins is the Only Way to Make Money" has become their go-to strategy.
