- SHIB trades over 90% below its all-time high, offering a potential accumulation zone.
- A new burn mechanism could destroy trillions of tokens annually, tightening supply.
- Shibarium expansion and increased use cases could reignite long-term demand.
Shiba Inu (SHIB) remains one of crypto’s most recognizable names — the memecoin that once turned small bets into life-changing fortunes. After skyrocketing millions of percent in 2021 and hitting an all-time high of $0.00008616, the token has since cooled dramatically. But with prices sitting at steep discounts and the next phase of the Shibarium ecosystem unfolding, many investors are asking the same question: Is this the time to buy the dip?
Why SHIB’s Price Might Still Have Room to Run
Back in 2021, one of SHIB’s biggest catalysts was Vitalik Buterin’s legendary token burn, where the Ethereum co-founder destroyed 90% of the SHIB tokens he was gifted. The supply shock, mixed with retail mania, sent the token soaring. But today, despite continued token burns through Shibarium, over 589 trillion SHIB remain in circulation — an enormous supply that continues to weigh on price growth.
However, the SHIB team has hinted at a major new burn mechanism reportedly capable of destroying trillions of tokens each year. If executed successfully, that could drastically alter SHIB’s long-term economics and push demand higher. Investors who accumulate during this discount phase might find themselves well-positioned if the burn engine delivers on expectations.
Shibarium and New Use Cases Could Drive a Comeback
Beyond speculation, the Shibarium layer-2 network continues to evolve, expanding SHIB’s ecosystem beyond memes. The developers are working to make SHIB a functional utility token, powering DeFi apps, NFTs, and metaverse integrations. The more adoption Shibarium attracts, the more SHIB gets used — and burned — creating a natural feedback loop for scarcity and price appreciation.
That said, Shiba Inu’s road to recovery will depend heavily on execution. Without sustained development and strong community engagement, burn campaigns alone might not be enough. Still, few communities are as active or loyal as SHIB’s, and that energy has a history of defying expectations.
Is It Worth Buying SHIB Now?
At current prices, SHIB remains over 90% below its all-time high, meaning potential upside could be significant if another bull cycle takes off. For long-term holders, it’s a classic high-risk, high-reward setup — speculative, but full of catalysts. Between a rumored burn overhaul, growing use cases, and a resilient community, SHIB is far from dead.
If the market rebounds and SHIB regains even a fraction of its former momentum, today’s dip might look like one of those “wish I bought more” moments down the road.
