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Shiba Inu price will never hit $0.01 because of its vast supply and slow burn rate

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Summary
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54% Informative

Shiba Inu price trades at $ 0.0000135 after a 3.5% rise in 24 hours .

The meme coin is under bearish pressure in its 4-hour chart, amid a falling parallel channel.

The slow burn rate, vast supply, and lack of institutional interest make it unlikely for SHIB to reach $ 001 in the long term.

For SHIB price, it would have to outperform Bitcoin and the entire market.

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33

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23

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English

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short-lived

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