Despite being in a bear market, the Shiba Inu community is determined to achieve its goal of a $0.001 price point for the asset, which would represent an 11,173% increase from its current price. However, this goal is contingent on two catalysts: token burns and ecosystem utility. Token burns can help reduce the asset's supply and increase its value, while ecosystem utility can attract demand and adoption. Projects like Shibarium and SHIB: The Metaverse could potentially provide the necessary catalysts to achieve this goal, but it remains a difficult task. Nonetheless, the asset has already seen significant growth in the past, supported by a 410 trillion token burn, so an 11,275% increase is not impossible.
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