Reaching $1 is a lofty goal for both Shiba Inu (SHIB) and Pepe Coin (PEPE), but unfortunately, it's highly unlikely due to their massive circulating supplies and market capitalization constraints ¹.
Let's break it down:
- *Shiba Inu (SHIB)*: With a circulating supply of 589.27 trillion tokens, SHIB would need a market capitalization of $589.27 trillion to reach $1. That's over 230 times the current global cryptocurrency market capitalization ¹.
- *Pepe Coin (PEPE)*: PEPE's circulating supply is 420.69 trillion tokens, requiring a market capitalization of $420.69 trillion to reach $1. That's 168 times the current market capitalization of Bitcoin ¹.
Given these astronomical requirements, it's clear that both SHIB and PEPE face significant challenges in reaching $1.
In contrast, Dogecoin (DOGE) might have a more realistic chance of reaching $1, thanks to its more manageable circulating supply and strong community support ¹. However, even DOGE would need a significant price increase of 525% to reach $1 ¹.
#SHIBUSDT #PEPE #DOGE #Binance #BinanceSquareFamily
