Can Shiba Inu still hit $0.01? That's the burning question on every SHIB holder's mind, especially as Shibarium breaks away from Ethereum. The potential for Shiba Inu to soar to unimaginable heights in the coming years hinges on Shibarium's ability to burn a substantial amount of SHIB, with price projections potentially running into the $0.01 mark if successful.

Although the Shiba Inu community has burned almost 410.7 trillion tokens thus far, many feel that the currency still needs extensive burns to hit $0.01. The challenge remains: how can SHIB achieve the necessary burn rate to reach this ambitious goal?

Creators of Shiba Inu have also started exploring new strategies and innovations. In a recent tweet, an analyst directed attention toward the possibilities presented by Shibarium. This financial expert noted how the layer-2 solution has the potential to drastically improve transaction speeds and reduce gas fees, thereby fostering a more active ecosystem and facilitating increased SHIB burns.

Shibarium's independence from Ethereum offers a crucial advantage. By operating as a layer-2 solution, Shibarium aims to alleviate the congestion and high gas fees associated with the Ethereum network. This improved efficiency could lead to increased adoption and usage of SHIB, which in turn could accelerate the token burning process.

So, can Shiba Inu still hit $0.01? The answer lies in Shibarium's performance and the community's continued efforts to burn tokens. Keep an eye on Shibarium's development and its impact on the SHIB burn rate to determine the future price trajectory of this popular meme coin. The journey to $0.01 is a long one, but with Shibarium's breakaway from Ethereum, the possibility remains alive.