#ShareYourThoughtOnBTC got dumped in btc and NIc | SRaza87 on Binance Square

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#ShareYourThoughtOnBTC got dumped in btc and NIc

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The idea of #Shiba Inu (SHIB) reaching $1 in the current or any upcoming bull run is extremely unlikely, and here's why: 🔢 Math Check Shiba Inu has a huge supply — around 589 trillion tokens (even after burns). If SHIB were to reach $1: Market cap = 589 trillion x $1 = $589 trillion That would make it the most valuable asset in the world by far, surpassing the entire global economy (which is around $100 trillion). 💥 Even With Massive Burns? Even if 99% of SHIB supply was burned, that would still leave ~5.89 trillion tokens: 5.89 trillion x $1 = $5.89 trillion market cap Still larger than Bitcoin, Ethereum, and most global financial institutions. 📈 What's Realistic? A price target like $0.0001 or $0.001 might be more realistic in a strong bull run, depending on: Market hype Burns (like Shibarium adoption) Overall crypto sentimen $1 SHIB is not feasible unless the supply is burned down to almost nothing, and even then it’s a stretch. Better to look at percentage gains, not dollar targets. Are you holding SHIB, or just curious about its potential? #BTCvsMarkets #dinnerwithtrump #CryptoMarketCapBackto$3T

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https://www.binance.com/activity/trading-competition/pktradingbattle?ref=723400459

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As of April 24, 2025, Bitcoin (BTC) is trading at approximately $92,576, experiencing a slight decline of about 1% over the past 24 hours. 📈 Market Overview Earlier today, BTC reached a high of around $94,336 before pulling back. Analysts suggest that while the broader trend remains bullish, short-term movements may be influenced by macroeconomic factors and investor sentiment. mint 🔮 Short-Term Outlook Technical analysis indicates that if #BTC maintains support above $90,205, it could target the $102,505 level. However, a drop below $88,205 might signal a potential decline towards $77,665. 🧠 Conclusion While Bitcoin's long-term prospects appear positive, short-term price movements are subject to volatility. It's advisable to monitor market trends and conduct thorough research before making investment decisions. Bitcoin (BTC)$92,576.00-$1,096.00(-1.17%)Today

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