๐๐ก๐ ๐๐ซ๐ฎ๐ญ๐ก ๐๐จ๐ฎ ๐๐ก๐จ๐ฎ๐ฅ๐ ๐ค๐ง๐จ๐ฐ ๐จ๐ง ๐ญ๐ก๐ ๐จ๐ง๐ฅ๐ฒ ๐ญ๐ก๐ข๐ง๐ ๐ญ๐ก๐๐ญ ๐ฐ๐ข๐ฅ๐ฅ ๐ฆ๐๐ค๐ ๐๐ก๐ข๐ ๐ก๐ข๐ญ $๐.๐๐
Shiba Inu has a lot of tokens (549 trillion), and this makes its price stay low. To increase its value to $0.01, it needs to get rid of many tokens, making the remaining ones more valuable. This would create demand and increase the price.
Currently, not many tokens are being burned (removed), and the Shibarium network was supposed to burn a lot, but it hasn't happened yet.
If Shibarium starts burning 100 trillion Shiba Inu tokens yearly, it would remove 90% of tokens in the next few years. This leaves Shiba Inu with 49 trillion tokens, possibly raising the price to around $0.0001 to $0.0003.
However, even with these burns, reaching $0.01 seems challenging. For comparison, big companies like Apple and Microsoft have a combined market value of trillions. Shiba Inu would need to beat them and others like Tesla and Google combined to reach $0.01. That would require a market value of $500 trillion, and even removing 90% of tokens might not be enough to reach this milestone. So, hitting $0.01 might only be possible if 99% of its tokens are removed.