Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
Since Shiba Inu (SHIB) became a hot topic in the cryptocurrency market, many early investors have made significant profits. Looking at the peak in October 2021, it has indeed declined, but investors continue to pursue the target of $0.001.
To reach $0.001, holding $1 million worth of SHIB would require 1 billion tokens, which currently amounts to about $24,000. Many believe that achieving this goal could change their lives.
However, there are practical challenges. With an enormous supply of approximately 589 trillion tokens in circulation, reaching $0.001 would require an unrealistically large market capitalization. Therefore, the SHIB team is working on a mechanism to burn several trillion tokens each year. If they can reduce the supply at a pace of over 1 trillion tokens annually, they might reach the $0.001 target more quickly.
Forecasts from Telegaon suggest reaching $0.001 around 2035–2040, while Changelly predicts it could happen within 2023. If the supply reduction goes well, it might be achieved even earlier. It seems that long-term token supply strategies will be key to influencing SHIB's price more than short-term price movements.