The Voice of the 99% of $SHIB in Circulation: Truth or Market Hype?

Question

While Shiba Inu fans get excited about the alleged massive token burn, let’s analyze whether this scenario is realistic or just more noise to stay away from.

📊 The Math Doesn’t Lie: Why 99% Is Impossible

Let’s start with concrete numbers. SHIB currently has 589,244,309,882,635 tokens in circulation, with a market capitalization of $4.42B. If 99% of the supply were burned, about 5.89 trillion tokens would remain.

To reach the price of $1 with this amount, the market capitalization would need to be $5.89 trillion. An amount that far exceeds the entire cryptocurrency market, estimated between $2-3 trillion. The problem is not only technical but economically unrealistic.

Furthermore, burning 99% would liquidate the wallets of founders, developers, and the entire ecosystem (Shibarium, ShibaSwap, ShibOS). No project would practice such financial suicide.

🔍 Where Does This Voice Come From?

The origin dates back to November 24, 2024, when Shytoshi Kusama, the leader of the Shiba Inu project, responded to a question during a live session on a social media platform. He said that burning 99% of the supply is “theoretically possible” if large-scale projects adopted Shibarium, the SHIB blockchain.

The important clarification he made: it would require gigantic adoption and would proceed slowly, as each burn becomes more expensive as the price increases.

This statement was taken out of context and turned into sensational posts on various platforms, with exaggerated emojis (🚀🔥🐕) that seem to be generated automatically. The recent Bitcoin rally (currently at $86.92K) has fueled FOMO, making the 99% burn plan seem imminent.

📌 The Real Burns: Concrete Data

Checking the official Shiba Inu channels (shibatoken.com, shib.io, shibarium.io), there is no announcement of a massive burn of 589 trillion tokens.

Actual burns have been:

December 2024: 25.38 trillion SHIB
June 2025: 1.254 trillion
July 2025: 1.007 trillion

These represent less than 0.5% of the total supply. At Shibarium’s current pace, burning 589 trillion would take decades. The numbers speak clearly: we are light-years away from 99%.

💡 The Real Value of $SHIB

This is not a condemnation of the project. Shiba Inu has 1.5 million holders, a functional blockchain like Shibarium, and platforms like ShibaSwap and ShibOS that generate value. Automatic burns work, albeit slowly.

Serious analysts like Finder and CoinStats forecast a price between $0.0000399 and $0.00006392 by 2025, representing a potential increase of 200-400% if the bull market continues. A significant jump, but far from the claim of $1.

🎯 Conclusion: Distinguish Signal from Noise

The story of the 99% burn and SHIB reaching $1 is a distortion of a Kusama quote, inflated by sensational content. Before letting yourself be caught up in the enthusiasm, always verify with official sources like Shibburn.com or the project’s verified accounts.

FOMO is the number one enemy of a conscious investor. Stay skeptical, analyze the data, and make informed decisions.