How much do these cryptocurrencies need to reach 1 dollar?
(Market Cap based analysis)
Have you ever wondered how much these coins need to rise to reach one dollar?
Let's take a quick look at some popular coins priced under $1, and calculate how much they need to multiply to reach this goal:
Currency Current Price Market Cap How much do they need to reach $1?
Shiba Inu (SHIB) 0.000024$ 14.2 billion $ Needs to exceed 400× (will surpass Bitcoin!)
Dogecoin (DOGE) 0.14$ 20 billion $ Easily reaches if the market becomes optimistic
VeChain (VET) 0.038$ 2.7 billion $ Needs approximately 26×
Hedera (HBAR) 0.10$ 3.7 billion $ Needs only 10×
JasmyCoin (JASMY) 0.018$ 900 million $ Needs approximately 55×
Akita Inu (AKITA) 0.00000018$ 13 million $ Needs 5500× (almost impossible logically)
Important notes:
Reaching $1 is not always logical, as that would mean the market cap will exceed trillions of dollars for some coins!
Smart investment relies on market cap, not just price.
Strong projects are those that have real utility, not just a trend.
Advice: Don't be deceived by the low price of the coin, always look at the market cap and the number of coins.
