Can Shiba Inu (SHIB) realistically hit $0.1? The burning question on every SHIB holder's mind! A key factor influencing Shiba Inu's price potential is token burning. But can SHIB hit $0.1 if 50 trillion SHIB are burnt yearly?

Let's analyze the impact. If Shiba Inu (SHIB) burns 50 trillion tokens yearly, it could remove 90% of the tokens in circulation within a few years. This significant reduction in supply would theoretically create upward pressure on the price. The logic is simple: less supply, same or increasing demand, higher price.

However, reaching $0.1 is a monumental task. Even with aggressive burning, significant factors beyond supply reduction need to align. Market sentiment, overall cryptocurrency adoption, and the success of the Shiba Inu ecosystem (Shibarium, TREAT, etc.) all play crucial roles.

Some analysts have explored more immediate, albeit still ambitious, price targets. According to some, the asset would have about 49 trillion tokens in Shiba Inu Road to $0.0023 or $0.047 Given Shiba Inu’s current price, the targets of $0.0023 or $0.047 are highly ambitious. To hit these lofty targets, the price of Shiba would need to overcome significant resistance levels. Reaching $0.1 is an even greater leap.

Technical analysis also provides insights. If SHIB holds above $0.000009, it could push toward $0.00001. If SHIB holds above $0.000009, its next major resistance. Breaking past that level could send SHIB soaring, but even then, a long journey remains to $0.1.

In conclusion, while burning 50 trillion SHIB yearly would undoubtedly be a positive catalyst, it's not a guaranteed ticket to $0.1. A combination of massive token burning, thriving ecosystem development, positive market conditions, and increased adoption is needed for Shiba Inu to achieve such a price target. Keep a close eye on SHIB's development, burn rates, and market trends to assess its long-term potential.