SHIB has more than 540 000 000 000 000 supply. A few months ago it was 365 000 000 000 00.
so the supply increases faster than the burning happens.
I've heard people say that SHIB is going to be a dollar. this is simply impossible because it would need as much market cap as its supply.
when you want to invest one of the first things you must know about the project is its supply because the price is directly dependent on it
thats what im saying... SHIB wont hit .001 cent without Trillion or more market cap. Its not impossible but like you said the price depends on supply. There could be a crazy pump but that would dump eventually. Needs to be a scarcity factor. They should burn it down to 1 Trillion Tokens