The actual problem with Shiba token is a big one. There is to much units of it, 999,992,188,828,143.538054853285409628 to be exact.
To compare, bitcoins had only 21,000,000.00000000 units created
So there is 47,618,675 time more Shiba than Bitcoin
Lucky for us, when Shiba was created, 50% of the tokens where given to Vitalik Buterin, the Ethereum co-founder who decide to send 40% in a dead wallet, and give the other 10% to an Indian association.
Which therefore brings us to 589,749,010,787,655.888070836129133611 tokens in circulation, so 28,083,286 time more Shiba than Bitcoin for comparaison
If you've taken a few economics courses, you probably know that what isn't rare can't be expensive.
This is where the burn comes in. By reducing the number of tokens in circulation, the value of the shiba will increase.
To keep it simple, one Shiba will never have the same value as one Bitcoin.
The community's goal is to raise the Shiba to $0.01.
To achieve this, you will have to burn tokens.
By doing this, Shiba's market cap would be roughly equivalent to bitcoin, which will remain the crypto reference.
There is a long way to achieve this goal, but nothing is impossible for dreamers. In addition of that, Shiba inu has certainly the largest community of all crypto currencies, so make up your own mind.