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RAJESH KUMAR M
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Will SHIBA Coin reach 10 cents?
People keep focusing on the per coin value because it started at 11 0s and has been chomping 0s for years... the question isnt about the per coin value at this point. The question is what can shibas market cap reach. It passed 1 billion recently which was huge, but now we are entering a slowing growth phase due to the quantity of coins vs market cap potential. I used to have the illusion that Metashiba could happen like this but no, it doesn't but it shows me sustainability in the long run.
To eat 1 zero right now we need to rise 9 billion.
To eat 2 zeros we need 99 billion.
To eat 3 zeros and become $0.01 shiba will need to gain 999 billion and be worth 1 trillion.
To reach $0.10 shib would need to be 10trillion, aka the most valuable asset in history.
To reach $1 shib would need to be 100 trillion, worth more than the value of every asset on the planet as of 2017 (80 trillion ish).
The only way that shiba inu eats zeros is if the quantity of coins drops drastically.
1 zero needs 10% of coins burned.
2 zeros needs 90% burned.
3 zeros needs 99% burned.
Even if we mixed burning 10% while rising to 10billion we would still at best be $0.001 (which would be amazing honestly)
So no 0.10 isnt happening anytime soon.
People keep focusing on the per coin value because it started at 11 0s and has been chomping 0s for years... the question isnt about the per coin value at this point. The question is what can shibas market cap reach. It passed 1 billion recently which was huge, but now we are entering a slowing growth phase due to the quantity of coins vs market cap potential. I used to have the illusion that Metashiba could happen like this but no, it doesn't but it shows me sustainability in the long run.
To eat 1 zero right now we need to rise 9 billion.
To eat 2 zeros we need 99 billion.
To eat 3 zeros and become $0.01 shiba will need to gain 999 billion and be worth 1 trillion.
To reach $0.10 shib would need to be 10trillion, aka the most valuable asset in history.
To reach $1 shib would need to be 100 trillion, worth more than the value of every asset on the planet as of 2017 (80 trillion ish).
The only way that shiba inu eats zeros is if the quantity of coins drops drastically.
1 zero needs 10% of coins burned.
2 zeros needs 90% burned.
3 zeros needs 99% burned.
Even if we mixed burning 10% while rising to 10billion we would still at best be $0.001 (which would be amazing honestly)
So no 0.10 isnt happening anytime soon.
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