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Re: Numbmonk post# 268

Friday, 05/14/2021 3:58:48 PM

Friday, May 14, 2021 3:58:48 PM

Post# of 57973
Shiba Inu HARD numbers to ponder.
Circulating Supply 394,796,000,000,000 SHIB
Total Supply 1,000,000,000,000,000 SHIB That is 1 Quadrillion shares. Yes most do not know what comes after 999 trillion.

Doge Dogecoin Supply
Circulating Supply 129,545,137,245 DOGE
Total Supply 129,545,137,245 DOGE

Please know the .46 DOGE price represent a total "current" value of $61,199,686,071.00 market cap

Please know the .0000338 price represents a total "current" value of $13,271,559,764.00 market cap.

IF SHIBA had the same value or market cap of DOGE, the #4 most valuable crypto, it still would only be at .00013. This cannot get to a penny with the current share structure.

If SHIBA had the market cap of Bitcoin it is still only have a value of approx. .0027. So you see to get to a penny, SHIB would need to be 4 times more valuable than Bitcoin.

I know it is many numbers to absorb, but they are simply a way to show that it is impossible for SHIBA to get to .01.

Posted this awhile back to help all that say,,, SHIBA will easily get to .01.
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