What if Shiba Inu hitting $0.001 is not as impossible as many people could think? Some see it as a far-off dream, but crypto often moves in surprising ways. Bold shifts and strong community action have changed markets before. With the right steps, SHIB price could move toward $0.001 faster than expected. Right now, Shiba Inu price is around $0.000012.
Although hitting $0.001 would require an 8,023% rally, the path is not entirely closed. TheCryptoBasic shared insights on X, outlining five bold methods that could reduce SHIB’s massive supply and fuel this ambitious climb.
Shiba Inu has had a great crypto story since its launch in August 2020. Based on data from TheCryptoBasic, data from CoinMarketCap shows SHIB jumped 15,071,035% from its all-time low of $0.00000000008165 to $0.00001231. Very few tokens have seen such massive growth in such a short time.
Despite this success, conversations about Shiba Inu price remain centered on the $0.001 target. According to TheCryptoBasic, analysts like LuckSide Crypto, Crypto Sheriff, and Coinpedia Markets argue that SHIB could still make the leap.
Sheriff, for example, pointed to SHIB’s breakout from a multi-month descending triangle in late 2024 as a possible launchpad. Coinpedia Markets even highlighted how inflows into Ethereum ETFs could benefit SHIB, given its ERC-20 foundation.
What you'll learn 👉
How Token Supply Shapes the SHIB Price Debate
The biggest challenge lies in Shiba Inu’s massive token supply. With around 589 trillion tokens in circulation, a $0.001 SHIB price would equal a $589 billion market cap, surpassing Ethereum’s current $519 billion valuation. That makes many skeptical of the target.
Still, TheCryptoBasic pointed out that large-scale and sustained token burns could shift this equation. Reducing supply is like draining excess water from an overfilled tank, it increases scarcity, which can put upward pressure on price.
Shibarium’s Role in Burning Tokens
Shibarium, an Ethereum-based L2 blockchain launched in August 2023, already supports the burn plan. Each transaction uses part of its fees to remove SHIB from circulation. More than 50 billion SHIB have been burned through this method.
As adoption grows, the burn rate could accelerate, helping push Shiba Inu closer to $0.001.
Another bold move involves using Shiba Inu for everyday payments. Platforms like BitPay already allow SHIB to be used for goods and services, and if merchants introduced a feature where 1% of each SHIB transaction gets burned, the impact could be massive.
It’s similar to rounding up spare change when shopping, except instead of going into a jar, those small pieces of SHIB would vanish forever, tightening supply and boosting scarcity.
Shiba Inu-Themed NFTs With Built-In Burns
The Shiba Inu ecosystem also includes NFTs like Shiboshi and SHEboshi. Integrating automatic SHIB burns into these NFTs would mean every mint or trade reduces supply.
This strategy works much like collectible trading cards where each new release makes older editions more valuable by keeping the pool limited. Applied to SHIB, it could reinforce price growth over time.
Exchanges such as Binance, Coinbase, and Kraken hold huge influence in SHIB trading. If they introduced small burn taxes tied to trading volume, the effect could be game-changing.
This approach mirrors recycling fees on certain products. Traders may not notice the extra cost, but when applied at scale, the total burned SHIB could be enormous.
Besides offering faster and low-cost transactions, Shibarium also supports Shiba Inu’s burn campaign. The L2 blockchain, which launched on Ethereum in August 2023, allocates a portion of transaction fees to burn SHIB. Since its introduction, it has helped remove over 50 billion…
— TheCryptoBasic (@thecryptobasic) September 6, 2025
Incentivizing the Community to Burn SHIB
Finally, community-driven burns remain a key pillar of SHIB’s journey. Holders can already send tokens to the dead wallet, but incentives could boost participation.
The Karma Reputation System, which is still in beta, explores this idea by rewarding users with experience points for burning SHIB or engaging in ecosystem activities. Gamifying the process could make SHIB burns more appealing and more consistent.
Read Also: Expert Analyst Identifies Spot to Load SUI Again Ahead of 2x Move
Shiba Inu’s road to $0.001 is ambitious, but not impossible. History shows that crypto thrives on bold ideas, and SHIB has never been short on creativity. Through strategies like Shibarium burns, payment integrations, NFT mechanisms, exchange participation, and community incentives, the SHIB price could see the type of deflationary push needed to challenge that target.
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