CandleFocus Here’s How Shiba Inu Can Reach $0.01 if Ethereum Founder Vitalik Buterin Considers This Move
2024-11-07
Author: Content Editor
The Shiba Inu (SHIB) community is discussing the possibility of integrating SHIB as a gas token on Ethereum, which could potentially increase its price. A community member named Lola suggested that using SHIB as a gas token, similar to Solana's burn mechanism, could help reduce its supply and push the price towards $0.01. However, some community members expressed skepticism about this idea, mentioning the challenges of implementing a dual-token system on Ethereum. These challenges include technical and regulatory issues, as well as the need for significant adjustments to Ethereum's existing infrastructure. Some suggested focusing on bolstering transactions on Shibarium instead, as it has previously led to a significant increase in SHIB's burn rate.
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