Million

Shiba Inu

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 <p>Shiba Inu’s <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> network was released on Wednesday, and the layer-2 blockchain is now fully functional and ready to initiate transactions. Investors believe that <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> is the only vehicle that could drive SHIB towards the $0.01 path and bring better fortunes.</p> 
 <p>Now that <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> has been launched, do investors still have the same belief considering that SHIB plummeted by double digits after release? In this article, we will highlight what <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> needs to work on to drive the price of SHIB toward the $0.01 mark.</p> 
 <p><strong>Also Read:&nbsp;Shiba Inu: Investment of $103 Turns Into $1 Million in 3 Years</strong></p> 
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 <h2 class="wp-block-heading" id="h-shiba-inu-what-should-shibarium-do-to-make-shib-reach-0-01">Shiba Inu: What Should Shibarium Do To Make SHIB Reach $0.01?</h2> 
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  <img decoding="async" width="1024" height="802" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" alt="shiba inu shibarium 1 cent dream shibarium shoulders $0.01" class="wp-image-81484 ewww_webp" sizes="(max-width: 1024px) 100vw, 1024px" data-src-img="https://cdn.thebittimes.com/images/2023/08/19/a487bec158998d7bbbbcbc5337e5ca17.webp" data-src-webp="https://cdn.thebittimes.com/images/2023/08/19/a487bec158998d7bbbbcbc5337e5ca17.webp.webp" data-srcset-webp="https://cdn.thebittimes.com/images/2023/08/19/a487bec158998d7bbbbcbc5337e5ca17.webp.webp 1024w, https://cdn.thebittimes.com/images/2023/08/19/a487bec158998d7bbbbcbc5337e5ca17.webp.webp 300w, https://cdn.thebittimes.com/images/2023/08/19/a487bec158998d7bbbbcbc5337e5ca17.webp.webp 768w, https://cdn.thebittimes.com/images/2023/08/19/a487bec158998d7bbbbcbc5337e5ca17.webp.webp 380w, https://cdn.thebittimes.com/images/2023/08/19/a487bec158998d7bbbbcbc5337e5ca17.webp.webp 550w, https://cdn.thebittimes.com/images/2023/08/19/a487bec158998d7bbbbcbc5337e5ca17.webp.webp 800w, https://cdn.thebittimes.com/images/2023/08/19/a487bec158998d7bbbbcbc5337e5ca17.webp.webp 1040w" data-srcset-img="https://cdn.thebittimes.com/images/2023/08/19/a487bec158998d7bbbbcbc5337e5ca17.webp 1024w, https://cdn.thebittimes.com/images/2023/08/19/a487bec158998d7bbbbcbc5337e5ca17.webp 300w, https://cdn.thebittimes.com/images/2023/08/19/a487bec158998d7bbbbcbc5337e5ca17.webp 768w, https://cdn.thebittimes.com/images/2023/08/19/a487bec158998d7bbbbcbc5337e5ca17.webp 380w, https://cdn.thebittimes.com/images/2023/08/19/a487bec158998d7bbbbcbc5337e5ca17.webp 550w, https://cdn.thebittimes.com/images/2023/08/19/a487bec158998d7bbbbcbc5337e5ca17.webp 800w, https://cdn.thebittimes.com/images/2023/08/19/a487bec158998d7bbbbcbc5337e5ca17.webp 1040w" data-eio="j"> 
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   <img decoding="async" width="1024" height="802" src="https://cdn.thebittimes.com/images/2023/08/19/a487bec158998d7bbbbcbc5337e5ca17.webp" alt="shiba inu shibarium 1 cent dream shibarium shoulders $0.01" class="wp-image-81484" srcset="https://cdn.thebittimes.com/images/2023/08/19/a487bec158998d7bbbbcbc5337e5ca17.webp 1024w, https://cdn.thebittimes.com/images/2023/08/19/a487bec158998d7bbbbcbc5337e5ca17.webp 300w, https://cdn.thebittimes.com/images/2023/08/19/a487bec158998d7bbbbcbc5337e5ca17.webp 768w, https://cdn.thebittimes.com/images/2023/08/19/a487bec158998d7bbbbcbc5337e5ca17.webp 380w, https://cdn.thebittimes.com/images/2023/08/19/a487bec158998d7bbbbcbc5337e5ca17.webp 550w, https://cdn.thebittimes.com/images/2023/08/19/a487bec158998d7bbbbcbc5337e5ca17.webp 800w, https://cdn.thebittimes.com/images/2023/08/19/a487bec158998d7bbbbcbc5337e5ca17.webp 1040w" sizes="(max-width: 1024px) 100vw, 1024px"> 
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    Source: Twitter 
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 <p>The answer is simple: <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> needs to start burning trillions of SHIB tokens beginning today and lasting for the next five years. The scale of the burns on <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> is yet to be known, as the layer-2 network has just begun operations. The large-scale burns are yet to happen, and the first burn process will be announced by the team whenever it happens.</p> 
 <p>Shibarium needs to focus on large-scale burns to drive Shiba Inu towards the 1-cent milestone. If the burns are meager, similar to the other third-party apps, then SHIB hitting $0.01 might never occur in our lifetime. Therefore, Shibarium needs to act like a ‘burning mill’ that sends trillions of SHIB tokens to the dead wallet.</p> 
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 <p><strong>Also Read:&nbsp;Shiba Inu To Reach 5 Cents? Here’s When SHIB Might Hit $0.05</strong></p> 
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  <img decoding="async" width="1024" height="791" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" alt="Dear Shibarium Shiba Inu" class="wp-image-71472 ewww_webp" sizes="(max-width: 1024px) 100vw, 1024px" data-src-img="https://cdn.thebittimes.com/images/2023/08/19/804222ac58a573855eb52c58c33cd2ba.webp" data-src-webp="https://cdn.thebittimes.com/images/2023/08/19/804222ac58a573855eb52c58c33cd2ba.webp.webp" data-srcset-webp="https://cdn.thebittimes.com/images/2023/08/19/804222ac58a573855eb52c58c33cd2ba.webp.webp 1024w, https://cdn.thebittimes.com/images/2023/08/19/804222ac58a573855eb52c58c33cd2ba.webp.webp 300w, https://cdn.thebittimes.com/images/2023/08/19/804222ac58a573855eb52c58c33cd2ba.webp.webp 768w, https://cdn.thebittimes.com/images/2023/08/19/804222ac58a573855eb52c58c33cd2ba.webp.webp 380w, https://cdn.thebittimes.com/images/2023/08/19/804222ac58a573855eb52c58c33cd2ba.webp.webp 550w, https://cdn.thebittimes.com/images/2023/08/19/804222ac58a573855eb52c58c33cd2ba.webp.webp 800w, https://cdn.thebittimes.com/images/2023/08/19/804222ac58a573855eb52c58c33cd2ba.webp.webp 1160w, https://cdn.thebittimes.com/images/2023/08/19/804222ac58a573855eb52c58c33cd2ba.webp.webp 1280w" data-srcset-img="https://cdn.thebittimes.com/images/2023/08/19/804222ac58a573855eb52c58c33cd2ba.webp 1024w, https://cdn.thebittimes.com/images/2023/08/19/804222ac58a573855eb52c58c33cd2ba.webp 300w, https://cdn.thebittimes.com/images/2023/08/19/804222ac58a573855eb52c58c33cd2ba.webp 768w, https://cdn.thebittimes.com/images/2023/08/19/804222ac58a573855eb52c58c33cd2ba.webp 380w, https://cdn.thebittimes.com/images/2023/08/19/804222ac58a573855eb52c58c33cd2ba.webp 550w, https://cdn.thebittimes.com/images/2023/08/19/804222ac58a573855eb52c58c33cd2ba.webp 800w, https://cdn.thebittimes.com/images/2023/08/19/804222ac58a573855eb52c58c33cd2ba.webp 1160w, https://cdn.thebittimes.com/images/2023/08/19/804222ac58a573855eb52c58c33cd2ba.webp 1280w" data-eio="j"> 
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   <img decoding="async" width="1024" height="791" src="https://cdn.thebittimes.com/images/2023/08/19/804222ac58a573855eb52c58c33cd2ba.webp" alt="Dear Shibarium Shiba Inu" class="wp-image-71472" srcset="https://cdn.thebittimes.com/images/2023/08/19/804222ac58a573855eb52c58c33cd2ba.webp 1024w, https://cdn.thebittimes.com/images/2023/08/19/804222ac58a573855eb52c58c33cd2ba.webp 300w, https://cdn.thebittimes.com/images/2023/08/19/804222ac58a573855eb52c58c33cd2ba.webp 768w, https://cdn.thebittimes.com/images/2023/08/19/804222ac58a573855eb52c58c33cd2ba.webp 380w, https://cdn.thebittimes.com/images/2023/08/19/804222ac58a573855eb52c58c33cd2ba.webp 550w, https://cdn.thebittimes.com/images/2023/08/19/804222ac58a573855eb52c58c33cd2ba.webp 800w, https://cdn.thebittimes.com/images/2023/08/19/804222ac58a573855eb52c58c33cd2ba.webp 1160w, https://cdn.thebittimes.com/images/2023/08/19/804222ac58a573855eb52c58c33cd2ba.webp 1280w" sizes="(max-width: 1024px) 100vw, 1024px"> 
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  <figcaption class="wp-element-caption">
    Source: Pixabay 
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 <p>The burns also depend on how many users initiate transactions on the network. If the low-cost network provides seamless transactions with user security, the sky is the limit. In addition, SHIB needs more investors that push them to initiate transactions on <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a>.</p> 
 <p>The larger the use, the better the burns that could eventually reflect positively on the charts. If <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> doesn’t burn trillions of tokens, then SHIB could face an uphill task to even delete a single zero. At press time, Shiba Inu was trading at $0.00000847 and was down 6.3% in the 24-hour day trade. SHIB is also down 90% from its all-time high of $0.00008616, which it reached in October 2021.</p> 
 <p><strong>Also Read:&nbsp;Shiba Inu: Investor Would Have Made $40 Million With A $200 Investment</strong></p> 
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<div class="cs-entry__tags"> 
 <ul> 
  <li>shib</li> 
  <li>shiba inu</li> 
  <li>Shibarium</li> 
 </ul> 
</div>

Shiba Inu: Shibarium Released, When Will It Drive SHIB Towards $0.01?

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