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When someone tells you that shib will soon be 10cents, do a quick calculation. I love Shib and wish it would go to $1 too but how realistic is that when you think of the market cap?
#Shib Market Cap
đ·@0.00001 đ $5.89 billion
đ·@ 0.0001 đ $58.9 billion
đ·@ 0.001 đ $589 billion
đ·@ 0.01 đ $5.89 trillion
đ·@ 0.1 đ $58.9 trillion
Let's say that shib goes to a cent and has the same market cap as Bitcoin.
Bitcoin's current market cap is $800 billion. That means that the supply would have to be just 80 trillion tokens and over 509 trillion will be out of circulation through burns.
That is more than 86% of the current supply.
Well, I believe in the Shibarmy. But that's a lot of tokens.
What do you think the highest price of Shiba Inu will ever be?
#Shib Market Cap
đ·@0.00001 đ $5.89 billion
đ·@ 0.0001 đ $58.9 billion
đ·@ 0.001 đ $589 billion
đ·@ 0.01 đ $5.89 trillion
đ·@ 0.1 đ $58.9 trillion
Let's say that shib goes to a cent and has the same market cap as Bitcoin.
Bitcoin's current market cap is $800 billion. That means that the supply would have to be just 80 trillion tokens and over 509 trillion will be out of circulation through burns.
That is more than 86% of the current supply.
Well, I believe in the Shibarmy. But that's a lot of tokens.
What do you think the highest price of Shiba Inu will ever be?
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