Goodbye Crypto. From December to March. Just in 4 months lost about $70000-$80000. I am done, I understood one thing, crypto is a gambling, specially future & margins. Lost all hope. Now leaving this crypto world forever.
🚨 *Shiba Inu (SHIB): Is a1 Price Realistic? Let’s Break It Down!* 🚨
As of *March 3, 2025*, *Shiba Inu (SHIB)* is trading at approximately *0.000015* per token. 🌕 So, naturally, many of you are probably wondering: *Could it ever hit 1?* 🤔 Let’s dive into the reality of this scenario and see what’s really going on.
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*The Improbability of1 for SHIB*
To reach *1*, *Shiba Inu* would need an *astronomical increase* of over *6.6 million times* its current price. That’s no small feat, and here’s why:
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*The Massive Circulating Supply*
- *SHIB's circulating supply* is around *589 trillion tokens*. 🤯 - With such a huge supply, it’s *extremely hard* for the price to rise significantly.
If SHIB were to hit *1*, its market cap would need to soar to *589 trillion*. Let’s put that into perspective: this is more than *500 times* the current *global GDP*. 🌍💸
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*The Market Cap Challenge*
- The *current market cap* of SHIB is roughly *8.93 billion*, so to get to $1, the market cap would have to increase *by over 65,000 times*. 😱 That’s just not realistic in the current economic environment.
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*Token Burns – Will They Help?* While *token burns* (permanently removing tokens from circulation) can reduce the supply and potentially increase the price, the scale required for SHIB to approach1 is *unrealistic*. 🔥 Even with *massive burns*, this wouldn’t come close to the *589 trillion market cap* needed.
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*A Reality Check for Investors*
- *Caution is key*. 🛑 - It’s essential for investors to *base decisions on realistic market analyses* rather than baseless projections. - A1 price for *SHIB* isn’t just unlikely – it’s practically impossible with the current *economic conditions* and *supply dynamics*.
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*Conclusion*
SHIB is an exciting *meme coin*, but the *$1 dream* is just that – a *dream*. While it might be fun to imagine, it's important to understand that these kinds of projections are simply not realistic based on current *market data* and *economic reality*. 😅
So, before you get caught up in the hype, keep it real and make sure to approach your *investments* with caution. 🚀
4 days too long to decide, can i vote 100x in this poll? road to 11M in this poll is amazing to watch
Binance Square Official
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We want to hear from you! We have been listening to the vibrant discussions within our community about Pi Network. To ensure your voices are heard, participate in our Community Vote on the topic:
"Should PI be launched on Binance?"
Cast your vote — either "Yes" or "No" — and share your thoughts in the comments under this post. You can only vote once and won’t be able to change your vote after submitting. Happy voting!
Vote Period: 2025-02-17 14:45 (UTC) to 2025-02-27 23:59 (UTC)
The COMMUNITY Speaks..What are you waiting for BINANCE
Binance Square Official
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We want to hear from you! We have been listening to the vibrant discussions within our community about Pi Network. To ensure your voices are heard, participate in our Community Vote on the topic:
"Should PI be launched on Binance?"
Cast your vote — either "Yes" or "No" — and share your thoughts in the comments under this post. You can only vote once and won’t be able to change your vote after submitting. Happy voting!
Vote Period: 2025-02-17 14:45 (UTC) to 2025-02-27 23:59 (UTC)
We want to hear from you! We have been listening to the vibrant discussions within our community about Pi Network. To ensure your voices are heard, participate in our Community Vote on the topic:
"Should PI be launched on Binance?"
Cast your vote — either "Yes" or "No" — and share your thoughts in the comments under this post. You can only vote once and won’t be able to change your vote after submitting. Happy voting!
Vote Period: 2025-02-17 14:45 (UTC) to 2025-02-27 23:59 (UTC)
We are thrilled to announce that the Pi Network Open Mainnet is set to launch on February 20, 2025, at 8 AM UTC. This milestone is a testament to our collective dedication and hard work over the past six years.
Key Achievements Leading to This Moment:
KYC Verification: Over 18 million Pioneers have successfully completed the Know Your Customer (KYC) process, surpassing our initial goal of 15 million.
Mainnet Migration: More than 8 million Pioneers have migrated to the Mainnet, bringing us closer to our target of 10 million migrations.
What This Means for You:
The Open Mainnet will enable Pioneers to:
Engage in Real-World Applications: Connect Pi with external systems, facilitating real-world use cases and transactions.
Participate in a Thriving Ecosystem: With over 80 Mainnet-ready apps developed by Pi developers, the ecosystem is poised for dynamic engagement.
Next Steps:
To ensure a smooth transition and maximize your Pi experience:
1. Complete KYC: If you haven't done so, please complete your KYC verification promptly.
2. Migrate to Mainnet: Follow the Mainnet checklist to migrate your Pi balance and encourage your network to do the same.
3. Explore Pi Apps: Engage with the Mainnet-ready apps available through the Pi Browser to familiarize yourself with the ecosystem.
A Collective Achievement:
This accomplishment reflects the unwavering commitment of millions of Pioneers worldwide. Your participation has been instrumental in building a decentralized, inclusive, and utility-driven ecosystem.
Congratulations to each one of you! Let's continue this journey together, embracing the opportunities that the Open Mainnet presents.