) and $DOGS are two meme tokens making waves in the crypto world, yet both are up against towering odds in their quest to hit the big leagues. Shiba Inu’s dream of reaching $1 per token is more fantasy than reality, given its staggering circulating supply of 589 trillion tokens. To make this happen, SHIB would need a mind-blowing market cap of $589 trillion—an unimaginable figure. Even with a supply burn of over 99%, reducing it to about 1 trillion tokens, SHIB would still need to climb to a $1 trillion market cap—a feat comparable to Bitcoin’s current standing, but one that’s nearly out of reach.
Meanwhile, $DOGS coin has recently captured the spotlight, especially after its debut on Binance. Priced at around $0.00122, this meme token on The Open Network (TON) blockchain has stirred up excitement within its community. But like SHIB, $DOGS faces its own set of challenges, from market swings to the question of long-term viability.
Both SHIB and $DOGS coin embody the high-risk, high-reward nature of meme tokens in the crypto space. While their loyal communities keep the flame of hope alive, the road to sky-high valuations is littered with hurdles, making these targets elusive for now.
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