_CryptOQueeN_
--
> Is it possible for SHIB to reach a price of 1 dollar? 💸
The answer simply? Very, very difficult, almost impossible... and the reason is the numbers.
---
🚨 The truth in numbers:
🔢 The number of SHIB coins currently in circulation is about 589 trillion coins.
📈 If the price of SHIB rises to 1 dollar, that means the market value must reach 589 trillion dollars 😱
For comparison:
The market value of Bitcoin currently is about 1.2 trillion dollars.
The market value of gold in total doesn't even reach 15 trillion dollars.
This means SHIB would have to be more valuable than all the markets in the world combined to reach 1 dollar... and that is something unrealistic at the moment.
---
💡 What could actually happen?
The only thing that could help is a massive burn of coins (burn 🔥), meaning reducing the supply.
The SHIB project is currently working on a burn system using Shibarium and some applications.
If trillions of coins are burned, the price might rise, but it doesn't have to reach a dollar.
---
🎯 Summary:
✔️ SHIB is a coin you can profit from in short-term trading and volatility.
❌ But the dream of 1 dollar is unrealistic at the moment unless there is a radical and significant change in the number of coins in circulation.
$SHIB
{spot}(SHIBUSDT)
The answer simply? Very, very difficult, almost impossible... and the reason is the numbers.
---
🚨 The truth in numbers:
🔢 The number of SHIB coins currently in circulation is about 589 trillion coins.
📈 If the price of SHIB rises to 1 dollar, that means the market value must reach 589 trillion dollars 😱
For comparison:
The market value of Bitcoin currently is about 1.2 trillion dollars.
The market value of gold in total doesn't even reach 15 trillion dollars.
This means SHIB would have to be more valuable than all the markets in the world combined to reach 1 dollar... and that is something unrealistic at the moment.
---
💡 What could actually happen?
The only thing that could help is a massive burn of coins (burn 🔥), meaning reducing the supply.
The SHIB project is currently working on a burn system using Shibarium and some applications.
If trillions of coins are burned, the price might rise, but it doesn't have to reach a dollar.
---
🎯 Summary:
✔️ SHIB is a coin you can profit from in short-term trading and volatility.
❌ But the dream of 1 dollar is unrealistic at the moment unless there is a radical and significant change in the number of coins in circulation.
$SHIB
{spot}(SHIBUSDT)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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