"If $SHIB $PEPE $FLOKI reaches 1 dollar, I will retire and buy myself an island." ๐๏ธ
Breaking people's hearts with basic math is my favorite pastime.
If you have part of your portfolio in these memecoins waiting for them to cross the magical dollar barrier, you need to read this urgently.
The problem is not the currency, the problem is the amount of currencies that exist (The Supply).
Just like with BTTC, there are too many of these currencies.
Let's do the calculation that no one on YouTube wants to show you:
Currently, there are approximately 589 Trillion SHIB tokens in circulation.
For 1 SHIB to be worth $1 USD, the market capitalization (Market Cap) of Shiba Inu would have to be $589 Trillion.
What does that number mean in the real world?
๐ The entire economy of the United States (GDP) is about ~$27 Trillion.
๐ The total value of Apple is about ~$3 Trillion.
๐ The total value of Bitcoin is around $1.4 Trillion.
That is, for SHIB to reach $1, it would have to be worth 420 times more than all of Bitcoin and more than 20 times the entire economy of the U.S. combined.
Do you understand now why it is mathematically impossible in the short/medium term?
Not even burning (destroying) 90% of the tokens would get us close.
This applies to ANY token worth $0.000001. Don't look at the price, look at the Market Cap and the Circulating Supply.
Invest if you want to speculate on percentage movements, but do it knowing the truth, not based on a meme of $1 that will never happen.
#ShibaInu #MarketCap #CriptoEducacion #Memecoins #MatematicasFinancieras