Early Shiba Inu (SHIB) investors reportedly have made huge profits. Some people are said to have earned gains of several hundred million yen or even tens of billions of yen. However, since the peak in October 2021 of $0.00008616, the price has been down, yet holders are still chasing the $0.001 target.

It’s said that reaching $0.001 would result in life-changing profits. For example, if you hold 1 billion SHIB, then at $0.001 it would be worth about $1 million. At the current price, 1 billion tokens are roughly around $24,000, so the story is definitely full of dreams.

The problem, though, is the supply. SHIB has about 589 trillion tokens in circulation. With the supply staying at this level, trying to reach $0.001 would make the market capitalization an unrealistic, out-of-this-world scale. That’s why many analysts point out that, before any price increase, the supply needs to be reduced significantly first.

It appears the project team is also aware of this and is reportedly considering introducing a mechanism to burn tokens on the scale of trillions every year. If they can burn at a pace of more than 1 trillion tokens per year, it could bring the $0.001 target closer.

According to expert predictions, a move to $0.001 is generally expected to take about 7 to 14 years from now. It may take time, but if supply reduction efforts go well, the schedule could potentially be moved up.