The ShibArmy has asked Ryoshi, the founder of Shiba Inu, since the company’s founding, “Wen SHIB 0.01?”
This was subsequently given to Shytoshi, and both visionaries foresaw when exponential SHIB burns in the form of Shibarium would be available.
Koyo Token has offered the first step and an indication of what to expect, but many people will only fully understand the complete concept of Shibarium once it is realized.
The Koyo founder Kintaro said in his medium that:
“So expect billions of dollars in volume, expect millions of dollars in rewards, and in turn expect SHIB burns to be in the millions with continuous burns.”
Even though Koyo Token burned over 6.1 billion SHIB tokens in March alone and a significant burn is anticipated in the coming days.
How Can SHIB Reach $0.01?
Many people have questioned, “How is it even possible?”
To put things in perspective, at the current SHIB market cap of $6,480,338,680 and circulation supply of 589,542,816,415,703, 99.999% of the total SHIB supply would need to be burned to reach the target SHIB of $0.01.
This which would require burning 588,953,273,599,284 SHIB tokens. Based on the current SHIB price of $0.00001095, this would amount to $6,449,038.
Therefore, starting and achieving such a huge goal would require much more than the efforts of the Koyo Token trading and financial service platform.
However, it would also necessitate realizing the Ryoshi-to-Shytoshi vision of Shibarium.
Let’s now concentrate on Koyo Token’s upbeat prognosis; the platform anticipates a volume of billions of dollars.
Suppose they used perpetual trading platforms with a monthly US trading volume of $1 billion.
In that case, they might produce more than $20 million in revenue each month for Koyo if they used ordinary transaction costs plus borrowing fees.
If applied throughout the following 12 months, this might result in a cautious $10 Million SHIB burned every month, for a total of $120 Million SHIB burned yearly.
Considering the volume entering and leaving the Koyo Trading and Financial Service Platform and Kintaro’s confirmation in his medium, we must consider whether Shibarium will SHIB burn 70% of all revenue from transaction fees.
Kintaro also stated, “A loyal fren will never conduct competitive strategies with its trusted alliance Shiba Inu, so we now declare Koyo will incorporate Shibaswap as the exclusive swap for all trading via the Koyo trading platform and financial services protocol to ensure we add value and volume onto ShibaSwap Shibarium in again allowing the Shiba ecosystem to benefit.”
As a result, there will be an increase in volume, and SHIB burns since all swaps on the Koyo Platform will have an API that connects to Shibaswap.
Now consider that the Koyo Trading Platform will add new Shibarium projects that match Shytoshi Guidelines to the Koyo Trading platform and VC opportunities.
These initiatives must bring benefits back to the Shib ecosystem through burns and the Shib Doggy DAO Foundation.
As a result, Shibarium projects can have enormous trading volumes, greatly enhancing the likelihood that they will be listed on Tier 1 CEX. More importantly, these initiatives will increase the volume of the Shibarium Network and the SHIB burn pool volume through respective ecosystems.
A burgeoning KoyArmy that swears its loyalty and allegiance to the ShibArmy and a developing platform poised to become a significant Shiba Inu ecosystem benefactor are the two elements of Koyo Token’s mysterious introduction and plot that are slowly beginning to come into focus.
This means having the ability to make a significant contribution to the ShibArmy’s long-awaited objective to hit SHIB $0.01.
Suppose Koyo founder Kintaro says there are no coincidences. In that case, we are aware of Ryoshi’s vision, and Shytoshi says the vision comes together piece by piece to form the final jigsaw puzzle.
Are we finally witnessing the unspoken plan to produce an artistic masterpiece in harmony with the Shiba Inu ecosystem?
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