Shiba

Million

Carry

Shiba Inu

Billion

<div class="watcher-guru">
 <p>Shiba Inu is currently trading at $0.000008844 and is down nearly 2% in the last 24 hours. SHIB is moving further away from deleting its fifth zero as the token is struggling to climb in the indices. The latest price dip is testing the patience of investors as the majority of Shiba Inu investors want the token to reach $0.01.</p>
 <p><strong>Also Read: Shiba Inu (SHIB): Man Makes $5.7 Billion in 400 Days</strong></p>
 <p>The <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> layer-2 solution is the only option available that could send Shiba Inu toward the $0.01 path. In this article, we will explain whether <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> can still send SHIB to reach the 1-Cent milestone.</p>
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 <h2 class="wp-block-heading" id="h-shiba-inu-shibarium-s-role-for-shib-to-reach-the-0-01-milestone">Shiba Inu: Shibarium’s Role For SHIB To Reach the $0.01 Milestone</h2>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="802" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" alt="shibarium shiba inu" class="wp-image-40838 ewww_webp" sizes="(max-width: 1024px) 100vw, 1024px" data-src-img="https://cdn.thebittimes.com/images/2024/02/06/29dfdd5c6a7faec473cdb29d4cd90d7a.webp" data-src-webp="https://cdn.thebittimes.com/images/2024/02/06/29dfdd5c6a7faec473cdb29d4cd90d7a.webp.webp" data-srcset-webp="https://cdn.thebittimes.com/images/2024/02/06/29dfdd5c6a7faec473cdb29d4cd90d7a.webp.webp 1024w, https://cdn.thebittimes.com/images/2024/02/06/29dfdd5c6a7faec473cdb29d4cd90d7a.webp.webp 300w, https://cdn.thebittimes.com/images/2024/02/06/29dfdd5c6a7faec473cdb29d4cd90d7a.webp.webp 768w, https://cdn.thebittimes.com/images/2024/02/06/29dfdd5c6a7faec473cdb29d4cd90d7a.webp.webp 380w, https://cdn.thebittimes.com/images/2024/02/06/29dfdd5c6a7faec473cdb29d4cd90d7a.webp.webp 550w, https://cdn.thebittimes.com/images/2024/02/06/29dfdd5c6a7faec473cdb29d4cd90d7a.webp.webp 800w, https://cdn.thebittimes.com/images/2024/02/06/29dfdd5c6a7faec473cdb29d4cd90d7a.webp.webp 1040w" data-srcset-img="https://cdn.thebittimes.com/images/2024/02/06/29dfdd5c6a7faec473cdb29d4cd90d7a.webp 1024w, https://cdn.thebittimes.com/images/2024/02/06/29dfdd5c6a7faec473cdb29d4cd90d7a.webp 300w, https://cdn.thebittimes.com/images/2024/02/06/29dfdd5c6a7faec473cdb29d4cd90d7a.webp 768w, https://cdn.thebittimes.com/images/2024/02/06/29dfdd5c6a7faec473cdb29d4cd90d7a.webp 380w, https://cdn.thebittimes.com/images/2024/02/06/29dfdd5c6a7faec473cdb29d4cd90d7a.webp 550w, https://cdn.thebittimes.com/images/2024/02/06/29dfdd5c6a7faec473cdb29d4cd90d7a.webp 800w, https://cdn.thebittimes.com/images/2024/02/06/29dfdd5c6a7faec473cdb29d4cd90d7a.webp 1040w" data-eio="j">
  <noscript><img decoding="async" width="1024" height="802" src="https://cdn.thebittimes.com/images/2024/02/06/29dfdd5c6a7faec473cdb29d4cd90d7a.webp" alt="shibarium shiba inu" class="wp-image-40838" srcset="https://cdn.thebittimes.com/images/2024/02/06/29dfdd5c6a7faec473cdb29d4cd90d7a.webp 1024w, https://cdn.thebittimes.com/images/2024/02/06/29dfdd5c6a7faec473cdb29d4cd90d7a.webp 300w, https://cdn.thebittimes.com/images/2024/02/06/29dfdd5c6a7faec473cdb29d4cd90d7a.webp 768w, https://cdn.thebittimes.com/images/2024/02/06/29dfdd5c6a7faec473cdb29d4cd90d7a.webp 380w, https://cdn.thebittimes.com/images/2024/02/06/29dfdd5c6a7faec473cdb29d4cd90d7a.webp 550w, https://cdn.thebittimes.com/images/2024/02/06/29dfdd5c6a7faec473cdb29d4cd90d7a.webp 800w, https://cdn.thebittimes.com/images/2024/02/06/29dfdd5c6a7faec473cdb29d4cd90d7a.webp 1040w" sizes="(max-width: 1024px) 100vw, 1024px">
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 <p>We can still hope for <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> to send Shiba Inu towards the $0.01 path. However, it comes with a catch which is to burn trillions of SHIB tokens every year. <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> can only burn more SHIB tokens if the network is brimming with activities. Therefore, the more activity is engaged on <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a>, the more fees it will collect for initiating transactions.</p>
 <p><strong>Also Read: Shiba Inu: $9 Can Make You a SHIB Millionaire in February 2024</strong></p>
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 <p>This will help <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> collect a large number of fees if the network is used by millions of investors. The move will lead to bigger SHIB burns as the fees will be used to send tokens to the dead wallet. There is still a chance for <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> to correct course and initiate a process to burn trillions of tokens each year.</p>
 <p>If that happens, then <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> can indeed send SHIB toward the $0.01 path. However, if it fails to burn trillions of tokens each year, then the 1-Cent dream could only be a myth.</p>
 <p><strong>Also Read:&nbsp;Shiba Inu: $905 Investment Could Turn $1 Million if SHIB Hits $0.01</strong></p>
 <p>The thread that’s stopping SHIB from hitting the $0.01 mark is the 549 trillion tokens that are in circulation. If the tokens are burned and sent to the dead wallet, not just $0.01, the sky will be the limit for SHIB.</p>
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<div class="cs-entry__tags">
 <ul>
  <li>shib</li>
  <li>shiba inu</li>
  <li>Shibarium</li>
 </ul>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/shiba-inu-can-shibarium-still-carry-shib-towards-0-01-tbt79056.html">https://thebittimes.com/shiba-inu-can-shibarium-still-carry-shib-towards-0-01-tbt79056.html</a></p>

Shiba Inu: Can Shibarium Still Carry SHIB Towards $0.01?

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