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Shiba Inu (SHIB), one of the most prominent meme coins in the cryptocurrency market, has drawn significant attention as analysts and community members explore potential strategies to push its price toward $0.001. Currently trading at $0.00001231, the token would need an 8,023% increase to reach that milestone, a feat that remains highly ambitious. Analysts such as LuckSide Crypto, Sheriff, and Coinpedia Markets have outlined various scenarios where such a rally could occur, emphasizing the role of sustained deflationary pressure, increased adoption, and external market conditions.
The token’s massive supply—approximately 589 trillion SHIB—presents a formidable challenge to price appreciation. If the $0.001 target materializes, SHIB's market cap would exceed $589 billion, surpassing Ethereum's current valuation of $519 billion. This makes achieving the target contingent on a dramatic reduction in supply and a significant shift in investor sentiment. Analysts argue that large-scale token burns are the most viable path forward, as reducing supply could drive up the price by increasing scarcity.
One of the most effective mechanisms for reducing SHIB's supply is through Shibarium auto burns. Launched on
in August 2023, Shibarium is a Layer 2 (L2) blockchain that allocates a portion of its transaction fees to burn . Since its inception, over 50 billion tokens have been removed from circulation through this mechanism. However, the success of this approach depends heavily on transaction volume; the higher the usage of Shibarium, the greater the deflationary impact.Payment gateway integration is another potential avenue for boosting SHIB burns. Platforms such as BitPay have already enabled SHIB as a payment method, allowing users to transact with the token. If merchants and payment providers implement features to automatically burn 1% of each SHIB transaction, the cumulative effect could significantly reduce the token’s supply over time. This approach not only supports the burn campaign but also enhances the token's utility in everyday commerce.
NFT-powered burns represent a novel way to leverage the
ecosystem for deflationary purposes. Projects like Shiboshi and SHEboshi have integrated automatic burn mechanisms into their minting and trading processes. With each mint or trade, a portion of SHIB is sent to a dead wallet, effectively reducing the total supply. This method aligns with the broader goal of increasing the token's value while fostering engagement within the NFT community.Crypto exchanges also have a role to play in accelerating SHIB’s price trajectory. Platforms like Binance,
, and Kraken could implement trading taxes, where a percentage of SHIB from each trade is automatically burned. The implementation of such features would depend on regulatory and operational considerations, but the potential for substantial supply reduction remains clear.Community-driven efforts are equally critical to achieving the $0.001 goal. The
Inu community has already demonstrated active participation in burn campaigns, and incentives such as the Karma Reputation System could further motivate token holders. The system rewards users with experience points (XP) for burning SHIB and participating in ecosystem activities, creating a virtuous cycle that could drive broader adoption and continued deflation.While the path to $0.001 remains uncertain, these strategies collectively highlight the potential for Shiba Inu to generate meaningful deflationary pressure. The success of these initiatives will ultimately depend on market dynamics, adoption rates, and the willingness of the community and ecosystem partners to align with the common objective of reducing supply and increasing value.
Source:
[1] Shiba Inu Price Chart (SHIB) (https://www.coingecko.com/en/coins/shiba-inu)
[2] Here is How Shiba Inu Can Reach $0.001 By Reducing ... (https://thecryptobasic.com/2025/09/06/here-is-how-shiba-inu-can-reach-0-001-by-reducing-supply-with-these-5-methods/)
[3] Shiba Inu Jumps 2%: What Is Going On? (https://finance.yahoo.com/news/shiba-inu-jumps-2-going-171943337.html)
[4] What Happens If Shiba Inu (SHIB) Reaches $1? (https://watcher.guru/news/what-happens-if-shiba-inu-shib-reaches-1)

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