In the volatile cryptocurrency market context, many investors and enthusiasts dream of popular meme coins like Shiba Inu (SHIB) and Pepe (PEPE) reaching a price of 1 dollar. However, is this dream truly feasible? Let's explore the reasons why this is so challenging and the factors that investors need to consider when setting expectations. 📈🔍
The Relationship Between Market Cap and Value 💰
To understand the value of a cryptocurrency, we need to grasp the basic formula:
Value = Market cap ÷ Circulating supply
If SHIB and PEPE want to reach a price of 1 dollar, their market cap would need to reach a colossal figure, far exceeding the total market cap of the entire cryptocurrency market, currently estimated at around 2.5 trillion dollars. 🚀🌍
Analysis of Shiba Inu (SHIB) 🐕
Circulating supply: 589.27 trillion SHIB
Market cap needed to reach 1 dollar: 589.27 trillion USD
Realistic outlook: For SHIB to reach a price of 1 dollar, it would need a market cap 230 times higher than its current total market cap. Even setting a more modest goal of 0.01 dollars, the required market cap would still be 5.89 trillion dollars — a figure that's hard to imagine in the current situation. ❌📉
Analysis of Pepe (PEPE) 🐸
Circulating supply: 420.69 trillion PEPE
Market cap needed to reach 1 dollar: 420.69 trillion USD
Realistic assessment: For PEPE to reach 1 dollar, its market cap would need to increase 168 times compared to its current total market cap. Even the goal of 0.01 dollars requires a market cap of about 4.21 trillion dollars — a figure that is unattainable in the current situation. ⚠️💭
Conclusion 📝
While it is possible to witness price growth of Shiba Inu and Pepe coins in the future, the expectation of reaching 1 dollar — or even 0.01 dollars — is unrealistic when considering the current limits of the market. Investors should adjust their goals and focus on potential growth opportunities, while being aware of the relationship between market cap and circulating supply to make smarter investment decisions. 🎯📊
Disclaimer ⚠️
This article is for informational purposes only and should not be considered investment advice. The cryptocurrency market is highly volatile; always conduct your own research (DYOR) before making investment decisions. 📚🔍
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