Will the day come when SHIB reaches $0.001? Interest in Shiba Inu coins is growing in the cryptocurrency market. Among investors who entered at the early stage, many seem to have earned substantial profits.

It fell from a peak of $0.00008616 in October 2021, but the community remains bullish. In particular, their fixation on the target price of $0.001 is incredible. If it’s achieved, people holding $1 million worth of SHIB would see profits at a life-changing level.

However, if we look at it realistically, the challenge is the large supply. There are currently 589 trillion tokens in circulation, and when SHIB reaches $0.001, the market capitalization would balloon to an abnormal extent. That’s why the project team is reportedly working on a large-scale token burn (destruction). If supply reduction at a pace of 1 trillion tokens per year becomes achievable, the road to $0.001 may start to feel more realistic.

In multiple forecasts, they point out the possibility of SHIB reaching $0.001 between 2033 and 2040. That means around the next 10 years or so. For investors who plan to hold long term, progress on supply reduction could become an important monitoring point.