Can SHIB make a comeback? The truth about the practical dilemma from a supply of 589 trillion.

【Coin World】Do you remember that bull run in 2021? Many people became rich overnight thanks to SHIB. But do you want to experience it again? The difficulty has increased dramatically.

The data is right in front of us - SHIB has fallen from its peak in October 2021 to now, with a drop of over 91%. Breaking even is already difficult enough, not to mention those dreams of a hundredfold return. Where is the problem? On the surface, the token supply has reached 589 trillion coins, and this number itself is a heavy burden. Looking at the functionality aspect, although there is the Shibarium L2 network to support it, the actual application scenarios are few and far between, far from forming a killer app.

What’s even more heart-wrenching is the idea of improving the supply issue through large-scale destruction? It’s basically unrealistic. The miracle that Vitalik created with that destruction in 2021 is unlikely to be replicated now. In such a predicament, even if the next bull run comes, it is possible to make money, but to achieve that level of life-changing returns? It’s time to wake up.