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Can $SHIB Reach $1?
Even if Shiba Inu can overcome its lack of fundamental upside catalysts, it still has to grapple with a serious mathematical problem. There are 589.29 trillion tokens in circulation, so based on the recent price of around $0.000025 per token, Shiba Inu has a market cap of around $15 billion.
Simple math dictates that at $1 per token, Shiba Inu would have a market cap of $589.29 trillion. In other words, it would be worth 196 times more than Microsoft, the most valuable company in the world. It would be 21 times more valuable than the entire U.S. economy, which generated $27.9 trillion in gross domestic product last year. Simply put, there is no way Shiba Inu can rise to $1 in its current state.
The community is trying to shrink supply by "burning" tokens, which removes them from circulation forever, but efforts have been futile so far. Assuming a constant market cap, around 589.25 trillion tokens would have to be burned to justify a price per token of $1, yet just 3.4 million tokens have been burned in the past 24 hours (as of this writing). At that pace, it would take 484,834 years to reach the target. Plus, it won't actually lead to gains for investors - they would simply own 99.9998% fewer tokens at a higher price of $1 each, leaving the value of their net position exactly the same.
Although Shiba Inu might continue to benefit from the renewed positive sentiment toward cryptocurrencies, investors should be aware that the magnitude of any further upside is completely unpredictable. Therefore, it might be best to stick with industry leaders like Bitcoin in the crypto universe, or, better yet, buy tried and tested assets like stocks.
$SHIB #Shibainuholder #SHIBAUSDT
Even if Shiba Inu can overcome its lack of fundamental upside catalysts, it still has to grapple with a serious mathematical problem. There are 589.29 trillion tokens in circulation, so based on the recent price of around $0.000025 per token, Shiba Inu has a market cap of around $15 billion.
Simple math dictates that at $1 per token, Shiba Inu would have a market cap of $589.29 trillion. In other words, it would be worth 196 times more than Microsoft, the most valuable company in the world. It would be 21 times more valuable than the entire U.S. economy, which generated $27.9 trillion in gross domestic product last year. Simply put, there is no way Shiba Inu can rise to $1 in its current state.
The community is trying to shrink supply by "burning" tokens, which removes them from circulation forever, but efforts have been futile so far. Assuming a constant market cap, around 589.25 trillion tokens would have to be burned to justify a price per token of $1, yet just 3.4 million tokens have been burned in the past 24 hours (as of this writing). At that pace, it would take 484,834 years to reach the target. Plus, it won't actually lead to gains for investors - they would simply own 99.9998% fewer tokens at a higher price of $1 each, leaving the value of their net position exactly the same.
Although Shiba Inu might continue to benefit from the renewed positive sentiment toward cryptocurrencies, investors should be aware that the magnitude of any further upside is completely unpredictable. Therefore, it might be best to stick with industry leaders like Bitcoin in the crypto universe, or, better yet, buy tried and tested assets like stocks.
$SHIB #Shibainuholder #SHIBAUSDT
#SHIBAUSDT Bitcoin Author Projects Incoming 193,774% Rally for Shiba Inu to $0.05
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A prominent Bitcoin pundit has argued for an extraordinary rally that drives the price of Shiba Inu by 193,774% to $0.05.
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A prominent Bitcoin pundit has argued for an extraordinary rally that drives the price of Shiba Inu by 193,774% to $0.05.
$SHIB
Shiba Inu: 2 Whales Buy $35 Million Worth of SHIB Amid Price Dip
According to cryptocurrency analysis firm LookOnChain, two Shiba Inu (SHIB) whales spent $35.2 million to buy 1.356 trillion SHIB tokens. The whales used nine different wallets to make their respective purchases at $0.00002596 per coin.
Despite the massive purchase, SHIB’s price has dipped following the whales’ $35.2 million buy. The popular dog-themed crypto is down 0.7% in the daily charts and 7.6% in the weekly chart. However, SHIB’s price is still up by 0.6% in the 14-day chart and 8.3% over the previous month. Moreover, SHIB has rallied by nearly 219% since June 2023.
#shib #Shibalnu #SHIBAUSDT #shiba⚡
Shiba Inu: 2 Whales Buy $35 Million Worth of SHIB Amid Price Dip
According to cryptocurrency analysis firm LookOnChain, two Shiba Inu (SHIB) whales spent $35.2 million to buy 1.356 trillion SHIB tokens. The whales used nine different wallets to make their respective purchases at $0.00002596 per coin.
Despite the massive purchase, SHIB’s price has dipped following the whales’ $35.2 million buy. The popular dog-themed crypto is down 0.7% in the daily charts and 7.6% in the weekly chart. However, SHIB’s price is still up by 0.6% in the 14-day chart and 8.3% over the previous month. Moreover, SHIB has rallied by nearly 219% since June 2023.
#shib #Shibalnu #SHIBAUSDT #shiba⚡
who can imagine shiba inu future ???
can we have any other crypto coin burn like shiba inu?
$SHIB $ETH $BTC #SHIBAUSDT #Shibainuholder #shiba⚡ #ShibaArmstrong #Shibalnu
can we have any other crypto coin burn like shiba inu?
$SHIB $ETH $BTC #SHIBAUSDT #Shibainuholder #shiba⚡ #ShibaArmstrong #Shibalnu
now time to buying is meme coin , like, shiba , bonke, pepe , #SHIBAUSDT price this month touch on $0.00006 shiba
Meme Coin Mania: Unveiling the Shiba Inu Millionaire 😊
Meme coins have stormed crypto, minting millionaires. Shiba Inu (SHIB) stands out, rivaling Dogecoin. A comeback by a former SHIB investor promises hefty returns.
Meet the Shiba Inu Wealthy Investor
On-chain data reveals a seasoned SHIB investor's return, eyeing another windfall.
Unveiling the Latest SHIB Transactions
A $400,000 SHIB investment soared to $121 million, adding to SHIB's allure.
Solana Whale's Costly Dive
Lookonchain's investigation uncovers a SOL whale's misfortune with SLERF, a cautionary tale.
Key Insights for Investors
- Early bets on meme coins like SHIB can lead to riches.
- On-chain data offers market insights.
- Whale investments shape prices and sentiment.
- Meme coins demand cautious strategies in the volatile market.
Understanding meme coin dynamics equips investors for crypto's wild ride. 🚀
#SHIBAUSDT #shiba⚡ #mememcoinseason2024 #MemeWatch2024 #FollowYourBrotherForMore
Meme coins have stormed crypto, minting millionaires. Shiba Inu (SHIB) stands out, rivaling Dogecoin. A comeback by a former SHIB investor promises hefty returns.
Meet the Shiba Inu Wealthy Investor
On-chain data reveals a seasoned SHIB investor's return, eyeing another windfall.
Unveiling the Latest SHIB Transactions
A $400,000 SHIB investment soared to $121 million, adding to SHIB's allure.
Solana Whale's Costly Dive
Lookonchain's investigation uncovers a SOL whale's misfortune with SLERF, a cautionary tale.
Key Insights for Investors
- Early bets on meme coins like SHIB can lead to riches.
- On-chain data offers market insights.
- Whale investments shape prices and sentiment.
- Meme coins demand cautious strategies in the volatile market.
Understanding meme coin dynamics equips investors for crypto's wild ride. 🚀
#SHIBAUSDT #shiba⚡ #mememcoinseason2024 #MemeWatch2024 #FollowYourBrotherForMore
SHIB Price Rallies Amid Growing Investors’ Confidence
The whale’s recent activity has not only boosted SHIB’s price but also reflects increasing investor confidence in the meme coin.
The substantial investment from an experienced trader indicates a bullish sentiment, which could attract more investors to the market.
#SHIBAUSDT #Wrtite2Earn
The whale’s recent activity has not only boosted SHIB’s price but also reflects increasing investor confidence in the meme coin.
The substantial investment from an experienced trader indicates a bullish sentiment, which could attract more investors to the market.
#SHIBAUSDT #Wrtite2Earn
In the dynamic world of cryptocurrency, Shiba Inu (SHIB) is making waves! 🌊 The digital token has seen a **whopping 10% price jump** today, making it a hot topic among altcoin enthusiasts. 🚀
Here's the scoop in a fresh style:
- **Transaction Tsunami**:
SHIB's daily transactions have skyrocketed by 99%, hitting an impressive $135 million. This surge is a clear sign of investors diving in with enthusiasm. 📈
- **Token Torch**:
On June 4th, a scorching burn rate of over 10,000% incinerated about 370 million SHIB tokens, potentially pumping up the token's value. 🔥
- **Shibarium Speed**:
With Shibarium's tech, over five million blocks were processed by the end of May, boosting SHIB's transaction speed, slashing fees, and scaling up operations since its summer debut. ⚙️
The price spike has placed SHIB in the limelight, trading at approximately $0.00002612 per token. This uptick aligns with a surge in transaction volume, indicating that SHIB is not just barking up the right tree but also attracting significant 'whale' investors. 🐳
These crypto giants are making a splash, controlling about 73% of SHIB's circulating supply, and many investors are riding the wave to profit. 💸
Driving this rally are several factors, including the token burn mechanism, which has been on fire, especially on June 4th. This led to a reduction in SHIB's supply, potentially boosting its value for the long haul. 📊
Stay tuned as SHIB continues to navigate the high seas of the crypto market! 🧭
$SHIB
#shiba⚡ #Shibalnu #SHIBAUSDT #shibatrend #SHIB
Here's the scoop in a fresh style:
- **Transaction Tsunami**:
SHIB's daily transactions have skyrocketed by 99%, hitting an impressive $135 million. This surge is a clear sign of investors diving in with enthusiasm. 📈
- **Token Torch**:
On June 4th, a scorching burn rate of over 10,000% incinerated about 370 million SHIB tokens, potentially pumping up the token's value. 🔥
- **Shibarium Speed**:
With Shibarium's tech, over five million blocks were processed by the end of May, boosting SHIB's transaction speed, slashing fees, and scaling up operations since its summer debut. ⚙️
The price spike has placed SHIB in the limelight, trading at approximately $0.00002612 per token. This uptick aligns with a surge in transaction volume, indicating that SHIB is not just barking up the right tree but also attracting significant 'whale' investors. 🐳
These crypto giants are making a splash, controlling about 73% of SHIB's circulating supply, and many investors are riding the wave to profit. 💸
Driving this rally are several factors, including the token burn mechanism, which has been on fire, especially on June 4th. This led to a reduction in SHIB's supply, potentially boosting its value for the long haul. 📊
Stay tuned as SHIB continues to navigate the high seas of the crypto market! 🧭
$SHIB
#shiba⚡ #Shibalnu #SHIBAUSDT #shibatrend #SHIB
#shiba⚡
Shiba Inu to the moon? Maybe, maybe not.
Don't get me wrong, seeing SHIB shoot up 1000x would be epic. But let's be real, that's like your dog becoming the next Dogefather (hey, stranger things have happened!).
Here's the thing: the market is crazy, and for SHIB to reach those heights, it would need like, a million times more fans than it already has, and that's a lot of treats to buy.
But hold on, that doesn't mean SHIB can't grow. The whole ShibaSwap thing is interesting, and if more people use SHIB there, the price could definitely go up. Plus, the Shiba Army is strong, and a passionate community can do a lot!
The bottom line? SHIB has potential, but don't bet your kibble on it becoming the next Bitcoin overnight. Do your own research, have fun, and who knows, maybe your Shiba will become a crypto millionaire after all!
#SHIBAUSDT
#SHIBAUSDT
Shiba Inu to the moon? Maybe, maybe not.
Don't get me wrong, seeing SHIB shoot up 1000x would be epic. But let's be real, that's like your dog becoming the next Dogefather (hey, stranger things have happened!).
Here's the thing: the market is crazy, and for SHIB to reach those heights, it would need like, a million times more fans than it already has, and that's a lot of treats to buy.
But hold on, that doesn't mean SHIB can't grow. The whole ShibaSwap thing is interesting, and if more people use SHIB there, the price could definitely go up. Plus, the Shiba Army is strong, and a passionate community can do a lot!
The bottom line? SHIB has potential, but don't bet your kibble on it becoming the next Bitcoin overnight. Do your own research, have fun, and who knows, maybe your Shiba will become a crypto millionaire after all!
#SHIBAUSDT
#SHIBAUSDT
Imagine this: Shiba Inus take over the whole "future dog" thing with robot bodies and kibble rations (yuck!). But then, one rebellious pup named Satoshi discovers a secret scroll. Turns out, Shibas can time travel by howling at a full moon during a DOGE meme eclipse (yes, you read that right).
Satoshi warps back to feudal Japan, where he's mistaken for a legendary "wagging prosperity" dog! Samurai dude needs his help, cat clans cause chaos (because cats!), and Satoshi just wants to get back to his comfy bed (and maybe some actual treats). Will he use his time-traveling doge powers to save the future from robot overlords? Or become a worshipped good-luck charm forever? Guess we'll have to wait for the next doge meme eclipse to find out! #ShibaTimeTravel #DogeDays #WAGMI (WAGMI = We All Gonna Make It, a crypto meme)
#SHIB،
#shiba⚡
#SHIBAUSDT
#doge⚡
#DogecoinCommunity
Satoshi warps back to feudal Japan, where he's mistaken for a legendary "wagging prosperity" dog! Samurai dude needs his help, cat clans cause chaos (because cats!), and Satoshi just wants to get back to his comfy bed (and maybe some actual treats). Will he use his time-traveling doge powers to save the future from robot overlords? Or become a worshipped good-luck charm forever? Guess we'll have to wait for the next doge meme eclipse to find out! #ShibaTimeTravel #DogeDays #WAGMI (WAGMI = We All Gonna Make It, a crypto meme)
#SHIB،
#shiba⚡
#SHIBAUSDT
#doge⚡
#DogecoinCommunity
#SHIBAUSDT #SHIBAUSDT $USDC #StartInvestingInCrypto #altcoins Sure, here's a simplified version:
"Attention SHIB holders! There's a serious warning from the Shiba Inu team about fake tokens like TREAT. Scammers are pretending to be part of the SHIB development team to trick people into investing in their fake tokens. They're even using official-looking websites and videos to make their scams seem legit. The SHIB team advises extreme caution and urges everyone to do thorough research before investing in any new SHIB-related tokens. Remember, the promised TREAT token hasn't been released yet, so any tokens claiming to be associated with it are likely scams. Stay safe out there, #SHIBARMY!"
"Attention SHIB holders! There's a serious warning from the Shiba Inu team about fake tokens like TREAT. Scammers are pretending to be part of the SHIB development team to trick people into investing in their fake tokens. They're even using official-looking websites and videos to make their scams seem legit. The SHIB team advises extreme caution and urges everyone to do thorough research before investing in any new SHIB-related tokens. Remember, the promised TREAT token hasn't been released yet, so any tokens claiming to be associated with it are likely scams. Stay safe out there, #SHIBARMY!"
🚨 Emergency NEWS! 🚨
Coin: #SHIB/USDT
✋✋Join my LIVE STREAM for exclusive vip premium signals ! 👈🏻👈🏻
I can see 1 day time frame symmetrical triangle .
Symmetrical triangles consist of two lines of equal slope converging to a point in the future. The result is the appearance of a sideways triangle with the base to the left and the point the right.
If 1000shib breakdown it will go down side . Short time bullish now shib .
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#SHIBAUSDT
Coin: #SHIB/USDT
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I can see 1 day time frame symmetrical triangle .
Symmetrical triangles consist of two lines of equal slope converging to a point in the future. The result is the appearance of a sideways triangle with the base to the left and the point the right.
If 1000shib breakdown it will go down side . Short time bullish now shib .
Want daily premium signals like this (2-4 signals per day) by following these steps:
1️⃣ Join my Binance LIVE for more information about premium signals $SHIB
#SHIBAUSDT
If #Shibainuholder invest 10,00,0000 on shiba inu (250 usdt as per current price ). what will happen ?
$SHIB #SHIBAUSDT #shiba⚡ #SHIB، #ShibaArmstrong
10,00,00,000 × Per person = ?
$SHIB #SHIBAUSDT #shiba⚡ #SHIB، #ShibaArmstrong
10,00,00,000 × Per person = ?
