Шиба Ину (ШИБ), the meme-inspired cryptocurrency, has gained significant attention and investment in recent years, thanks to its impressive early growth and dedicated community. However, the likelihood of the SHIB token ever reaching even $0.01 is remote at best, despite the Shib Army’s efforts to burn tokens at an aggressive pace.
This article will explore the challenges that the Shiba Inu token faces in reaching this price point, including its lack of utility and use cases, enormous total supply, and highly competitive market.
кээ бир учурда эрте investors have become extremely wealthy thanks to the cryptocurrency’s impressive growth, the challenges that the Shiba Inu faces in reaching $0.01 or higher should not be underestimated.
The Challenge of Scaling
One of the major challenges that the Shiba Inu faces is масштабдык. While the cryptocurrency’s market capitalization has grown significantly, its transaction volume has not kept pace. This lack of scalability could pose a significant challenge to the cryptocurrency’s long-term growth.
Additionally, the Shiba Inu token’s circulating supply of 589 trillion tokens is a significant hurdle to overcome. With so many tokens in circulation, the potential for dilution is significant, which could lead to a decrease in the token’s value over time.
What is The Shib Army?
The Shib Army is a passionate community of investors who are committed to the success of the Shiba Inu coin. The Shib Army has played a significant role in the growth of the cryptocurrency, promoting its use, and creating real-world use cases and partnerships. The community is made up of individuals from all over the world who share a common interest in Shiba Inu and its potential for growth.
Source: https://beincrypto.com/shiba-inu-end-game-shib-army-challenges/