Will Floki Inu Reach $1?
No, Floki Inu can’t reach $1 unless something fundamentally changes in its tokenomics. The reason for that is simple: Floki Inu has a circulating supply of $9.55 trillion, which means that at $1, the meme coin would have a market cap of $9.55 trillion.
Market capitalization, not individual token price, is the key factor in assessing a cryptocurrency's growth potential and feasibility of large price increases.
Floki Inu is unlikely to reach $1 due to its large circulating supply, which would require an unrealistic market cap of $9.55 trillion.
FLOKI could theoretically reach 1 cent, but this would still require surpassing Dogecoin's peak market cap by $20 billion.
A hypothetical token burning program could potentially increase Floki Inu's value without massive market cap growth, but the extent depends on the amount of tokens burned.
