Can Shiba Inu (SHIB) Reach 10 Cents? Price Predictions and What It Would Take

SHIB reaching 10 cents is a highly unlikely scenario, especially in the near future. This is mostly due to its ridiculously high circulating supply.

Shiba Inu (CRYPTO: SHIB) is one of the most popular meme tokens on the market today. It is also one of the most discussed cryptocurrencies on social media. As a result, there is no shortage of opinion on what the future holds for Shiba Inu.

Shiba Inu has certainly had a meteoric rise. The token started trading in 2020, and it entered the top 50 cryptocurrencies by market cap in late 2021. By early 2022, it broke into the top 10 cryptocurrencies.

Shiba Inu is best known for its community-led initiatives. These initiatives include burning Shiba Inu tokens to reduce the circulating supply and developing new projects within the Shiba Inu ecosystem. The goal of these projects is to increase the value of Shiba Inu.

Recently, there has been speculation that Shiba Inu could hit 10 cents in the near future. However, this scenario is highly unlikely, especially considering the token's astronomical circulating supply.

Shiba Inu is currently priced at fractions of a cent, and a leap to 10 cents would represent an astronomical shift. For perspective, Bitcoin's (BTC) total market cap is around $1.68 trillion, and Shiba Inu would need to reach a market cap of nearly $59 trillion to hit 10 cents.

To understand what it would take for Shiba Inu to reach 10 cents, we must first look at the key facts:

* Shiba Inu's circulating supply is a critical factor. With over 589 trillion SHIB tokens in circulation, it puts things in perspective.

* A 10-cent SHIB would require a mind-boggling market cap. To hit that price point, Shiba Inu's market cap would need to be in the trillions.

* Token burns are often touted as a solution. By permanently removing coins from the supply, the idea is that it increases the price. But billions of SHIB have been burned to date.

These efforts are a drop in the ocean. They would need to accelerate drastically to influence the broader market. You can use the Shiba Inu Profit Calculator for more insights.

Here's the catch: burning tokens involves the community, developers, and typically a lot of time. While the SHIB Army stays optimistic and innovative, they face an uphill battle against math itself.

The role of SHIB token burns

How many SHIB tokens have been burnt?

The total number of burnt SHIB tokens is staggering. To date, over 410 trillion SHIB tokens have been permanently removed from the supply, which is about 41% of its original supply. While that is impressive, the majority of these burned tokens came from one source.

When crypto billionaire Vitalik Buterin was gifted a massive portion of SHIB's supply, he famously burned 90% of his holdings, drastically reducing the token's circulating supply. In contrast, the automatic burn mechanisms implemented by the SHIB community have had a relatively minor impact; they are a small blip in comparison.

As of March 2025, February alone witnessed the burning of 389 million tokens, and March opened with an additional 14 million SHIB burned in a single day. These numbers reflect a ramped-up effort by the community and developers to reduce the circulating supply, which now stands at roughly 589 trillion tokens. Platforms like Shibburn track recent burn transactions.

While every token burn contributes to scarcity, the sheer scale of SHIB's supply presents a huge challenge. Even with billions of tokens going into the burn wallet, the impact on price is likely to be gradual.

Is the burning mechanism effective enough?

Despite the community's efforts, many investors are wondering if SHIB burns are moving fast enough to support long-term price growth.

The math highlights the challenge. To integrate a faster and more aggressive burning mechanism. Currently, community-led initiatives like the Shiba Eternity "Duel Mode," which burns 10,000 SHIB per match, are contributing to the effort, but they are limited in scope.

This system could potentially burn 10 billion SHIB daily if scaled properly, yet that is still a fraction of what is needed to make a dent in the overall supply.

So, can the current rate of burns push SHIB to 10 cents? Not without a drastic change. Either the community needs to adopt exponential burn strategies or introduce mechanisms that incentivize larger transactions to burn wallets.

Shiba Inu's journey from being a meme coin to potentially one day hitting the 10-cent valuation is one that will be closely followed by many.

But what does the technical analysis say about the chances of Shiba Inu reaching 10 cents, and what would it take for the token to continue its bullish run?

Shiba Inu price analysis: Is 1