Today we are going to analyze how much capital would be needed for the popular memecoins SHIB, Pepe, BTTC to reach a value of $1.
Let's look at the current data:
đž BABY
- Circulation: 420.69 billion
- Current price: $0.00000973
đž SHIB
- Circulation: 589.27 billion
- Current price: $0.00001598
đž BTTC
- Circulation: 968.25 billion (T) BTTC
- Current price: $0.00000098
Here are the calculations:
âą PEPE would need a capitalization of $420.69 billion dollars.
âą SHIB would need a capitalization of $589.27 billion dollars.
âą BTCC would need a capitalization of $968.25 billion.
đ Is this possible?
In theory, yes, but in practice it is very difficult. To reach these levels, it would require not only very high interest and gigantic investments, but also periodic burning mechanisms that reduce the circulating supply, which could drive up the price by reducing the number of available tokens.
