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– Da Vinci Jeremy says that to reach $1 SHIB would require a capitalization of $600T, which seems unrealistic.

Shiba Inu’s burn rate soared 401% , removing over 12 million tokens in 24 hours.

SHIB developers are targeting technologies such as rollups and FHE to grow the ecosystem.

The price of Shiba Inu (SHIB) continues to fuel interest in the meme token world, fueled by the faith of the community.

While retail investors are dreaming of SHIB at $0.01 or even $1, experts like Da Vinci Jeremy are bringing sobriety to expectations.

At the same time, SHIB’s evolving ecosystem and recent growth in burn rate add complexity to the asset’s long-term prospects.

Da Vinci Jeremy, known for recommending bitcoin at $1 in 2011, recently spoke out about SHIB’s $1 price.

In a video on X, Jeremy provided calculations showing that for a $1 SHIB, the capitalization would have to exceed $600 trillion.

He compared that to the total value of all the world’s assets, explaining that such an estimate is impossible.

Jeremy did not rule out a future for SHIB, suggesting that while $1 is unrealistic, the token could perform well.

This realistic outlook cools the hopes of many retail investors who dream of Bitcoin-like price extremes.

While the dream of $1 may not be mathematically achievable, the SHIB community continues to support deflationary mechanisms.

According to Shibburn, more than 12.2 million SHIB tokens have been burned in the past 24 hours. This has led to a 401.25% increase in the burn rate.

the burning of tokens reduces the overall supply, which could increase the price if demand stays the same or increases.

However, the amount of tokens burned recently is small compared to the current supply in the market.

This small burn symbolizes the SHIB community’s ongoing efforts to reduce supply.

recent trends also show continued participation in burn campaigns, especially during periods of low market activity, putting slight pressure on token inflation.

In addition to the volatility of cryptocurrencies, SHIB developers are now focusing on specific improvements.

developer Kaal Dhairia recently called for X to stop flooding and focus on building.

In his statement, Dhairia emphasized that scammers are taking advantage of market failures, while real developers should focus their energy on innovating the ecosystem.

He said that this is a chance to build the next stage: Rollups, FHE and beyond.