With the aid of ShibaSwap, Shibarium, and virtual land renames, the Shiba Inu could theoretically burn 111 trillion SHIB annually.
The most optimistic price predictions came after a member of the community recently suggested that the asset would increase to $1.
They calculated things using a SHIB value of $0.000027.
ShibaSwap's potential to burn up to 1% of its transactional volume was taken into account.
The calculation took into account that Shibarium would trade for $5 billion outside of ShibaSwap.
Shibarium would be burned at a rate of 1.85 trillion SHIB per month and 22.2 trillion per year for a hypothetical combustion of 1% of the metal's on-chain volume.