Shibarium Token Burns Could Drive Shiba Inu Price to $0.00008234: Here's How

• Shibarium burning 10 trillion SHIB monthly for five years could reduce supply to 89.5 trillion tokens
• Supply reduction to 89.5 trillion would push SHIB price to $0.00008234 at current market cap
• Target price represents 558% gain but remains below 2021 all-time high of $0.00008845

Shiba Inu’s Layer-2 blockchain Shibarium has the potential to drive massive price appreciation through aggressive token burning mechanisms that could eliminate hundreds of trillions of SHIB tokens over the next five years.

Since launching in August 2023, Shibarium has established itself as the primary burn engine for the Shiba Inu ecosystem, converting transaction fees collected in BONE tokens into SHIB before sending them to dead wallets.

The burning process initially required manual intervention from the Shiba Inu development team, resulting in over 50 billion tokens incinerated during the early phases. Full automation arrived in August 2024, streamlining the burn mechanism and eliminating an additional 1 billion tokens.

While current burn rates remain minimal compared to SHIB’s total supply of 589.5 trillion tokens, increased network adoption could accelerate the destruction rate exponentially.

Mathematical Analysis Reveals Dramatic SHIB Price Impact Potential

A theoretical scenario where Shibarium burns 10 trillion tokens monthly for five years would eliminate approximately 600 trillion tokens total. However, since this exceeds SHIB’s entire circulating supply, a more realistic projection assumes 500 trillion tokens destroyed over the same timeframe, leaving 89.5 trillion SHIB in circulation.

This supply reduction would create dramatic price effects even without market capitalization growth. With Shiba Inu’s current market cap of $7.37 billion and SHIB trading at $0.00001251, reducing supply to 89.5 trillion tokens would theoretically push the price to $0.00008234 per token. This calculation assumes market cap remains constant while supply contracts through aggressive burning.

The projected price target of $0.00008234 represents a 558.19% increase from current levels, though it remains below SHIB’s October 2021 all-time high of $0.00008845. The target aligns with previous forecasts from major prediction platforms that have consistently identified the $0.00008 region as a key resistance level for SHIB price action.

Multiple forecasting entities have attempted to predict when SHIB might reach the $0.00008 threshold. Changelly previously projected a maximum target of $0.00008740 by May 2024, while CoinCodex set expectations for $0.00008284 during the same period. Both predictions failed to materialize, prompting revised timelines with Changelly now targeting February 2029 and CoinCodex pushing expectations beyond 2050.

Community sentiment remains more optimistic than institutional forecasts, with many Shiba Inu supporters expecting the token to surpass $0.00008 during the current market cycle’s peak. These community members argue that significant token burns are unnecessary for achieving the price target, relying instead on broader market momentum and ecosystem development.