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Luciano Tye
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Not wanting to throw cold water on Pepe and Shiba lovers like me (I have millions of them in my wallet), I just did some math and saw that it is not possible for them to reach even 1 cent without burning trillions and trillions of tokens.
Using GROK to calculate, I received the following information:
Remember that today the market value of BITCOIN is 1.99 trillion.
Total and Circulating Supply: Pepe Coin has a total supply of 420 trillion tokens. To reach the price of $0.01, the market value of the coin would have to be $4.2 trillion, considering that all tokens would be in circulation.
Circulating Supply: Shiba Inu has a circulating supply of approximately 589 trillion tokens. For each token to be worth $0.01, Shiba Inu's market capitalization would need to be around $5.89 trillion.
Using GROK to calculate, I received the following information:
Remember that today the market value of BITCOIN is 1.99 trillion.
Total and Circulating Supply: Pepe Coin has a total supply of 420 trillion tokens. To reach the price of $0.01, the market value of the coin would have to be $4.2 trillion, considering that all tokens would be in circulation.
Circulating Supply: Shiba Inu has a circulating supply of approximately 589 trillion tokens. For each token to be worth $0.01, Shiba Inu's market capitalization would need to be around $5.89 trillion.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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