🤔 Is it possible to see $0.01 or $0.1 in the price of $DOGS someday? Let's take a closer look:

In recent days, there has been a lot of interest in the $DOGS coin as many have managed to get $50-100 without much effort.

Would it be possible to see the price of $DOGS be $0.01 or $0.1?

The maximum supply of coins (Max supply) is 550 billion tokens, but there are only 516 billion in circulation. 81.5% of the total has gone to the community, 10% to the team, and 8.5% to liquidity. Knowing this and with a little math we could calculate that for the price to reach 0.01$ a capitalization of 5.16 billion dollars would be needed and for 0.1$ 51.6 billion dollars.

These amounts are very large so it is unlikely to happen. What would be needed to reach these prices would be a continuous burning of tokens and a large interest in the project.

The conclusion we can draw is that this would be possible but with certain conditions. Actually the prices that are compared are not very far from the current price, so we could see 0.01$ after some time.

@Crypto_GR 👈Don't forget to vote me ❤️