Why $1 is an Impossible Dream for Shiba Inu and Pepe Coins: A Realistic Analysis
Cryptocurrency enthusiasts often speculate that coins like Shiba Inu ($SHIB ) and Pepe ($PEPE ) could reach $1. However, this goal ignores essential economic factors like market cap and circulating supply. Here’s a realistic breakdown of why this target is impossible.
Market Cap vs. Price
The price of a cryptocurrency depends on its market cap and circulating supply:
Price = Market Cap ÷ Circulating Supply
For $SHIB and $PEPE to reach $1, their market caps would need to be astronomically high, far beyond the current total crypto market cap of $2.5 trillion.
Shiba Inu (SHIB) Analysis
• Supply: 589.27 trillion SHIB
• Target Market Cap for $1: 589.27 trillion USD
• Reality: Reaching $1 would require 230 times the total current crypto market cap.
• One-Cent Goal: Even $0.01 would need a market cap of $5.89 trillion, which is unrealistic.
Pepe (PEPE) Analysis
• Supply: 420.69 trillion PEPE
• Target Market Cap for $1: 420.69 trillion USD
• Reality: This is 168 times the total crypto market.
• One-Cent Goal: $0.01 would still need a market cap of $4.21 trillion, equally implausible.
While these coins may experience price growth, expecting $1 or even $0.01 is unrealistic based on current market limits. Investors should focus on achievable goals and understand the impact of market cap and supply on price.
#Disclaimer : This article is for informational purposes only. Cryptocurrency is volatile; always DYOR (Do Your Own Research).
