Shiba Inu (SHIB) is once again grabbing headlines as the token’s price climbs to a four-day high, fueled by a spike in network activity and a staggering 3,000% increase in its daily burn rate. As excitement builds, some community members are daring to ask: what if SHIB could sustain a burn of 1 trillion tokens per day? And more importantly, what would that mean for its long-term price?
SHIB Targets $0.000014 Amid Renewed Optimism
At the time of writing, Shiba Inu is trading at approximately $0.0000132, marking a 4% daily gain. The rally mirrors Bitcoin’s momentum as it soared past the $99,000 mark, sparking renewed optimism across the altcoin and meme coin sectors.
On the 4-hour chart, SHIB appears to be gearing up for a breakout above the $0.0000134 resistance level. If successful, this could catapult the token toward $0.0000147, its highest point in two weeks.
Burn Rate Explodes – But Is It Enough?
According to data from Shibburn, over 67 million SHIB tokens were torched in just one week, and the 24-hour burn rate has seen an unprecedented 3,000% increase. Despite this surge, only 1 trillion SHIB tokens have been burned in total — a drop in the ocean compared to its 589 trillion total supply.
Now imagine a scenario where the network burns 1 trillion tokens every single day. Over the course of a year, that would eliminate 365 trillion tokens, slicing off more than 60% of the total circulating supply.
Crypto analyst Grok3 estimates that if this pace could be maintained, SHIB’s price could jump by 167% within 12 months, hitting approximately $0.000037 — and that’s assuming the market cap stays flat. If investor demand ramps up alongside the supply cut, the price could go even higher, potentially targeting symbolic levels like $0.001 or even $0.01.
Can the Ecosystem Support That Kind of Burn?
Of course, this kind of aggressive burn rate isn’t something that can be wished into existence. It would require massive growth across the entire Shiba Inu ecosystem — particularly Shibarium, the project’s Layer 2 scaling solution.
Currently, Shibarium boasts a $3 million total value locked (TVL), a modest figure compared to powerhouses like Arbitrum and Polygon. However, usage is climbing. Transaction volume has doubled in recent weeks, and some in the community believe a $1 billion TVL is achievable if adoption accelerates.
Such a milestone could open the door to sustainable, large-scale token burns — pushing SHIB closer to its ambitious price goals.
Bullish Patterns Taking Shape
Technically speaking, SHIB is forming a cup and handle pattern on the daily chart — a classic indicator of bullish potential. A successful breakout past the handle’s resistance could fuel an upward trend toward $0.000017.
The Directional Movement Index (DMI) also hints at a bullish outlook, with the +DI (blue) line crossing above the -DI (red) line. However, traders should keep an eye on the ADX, which shows the current trend might still lack strength. A brief correction or retest of support levels could be in the cards before another leg up.
Bottom Line
Shiba Inu is currently enjoying renewed momentum — driven by both market-wide optimism and internal growth. While burning 1 trillion tokens a day may sound like a moonshot, it’s not entirely out of reach if the ecosystem continues expanding and user engagement stays strong.
If SHIB’s network usage continues to rise and Shibarium delivers on its promise, the dream of drastically reducing the token supply — and potentially hitting new price highs — could turn into reality.
