Can each of the cryptocurrencies Shiba, Pepe, and Floki reach 1 dollar or at least 10x?
Let us explain with an example for each cryptocurrency.
1. Shiba Inu (SHIB)
Total Supply: Approximately 589 trillion SHIB.
If the cryptocurrency reaches 1 dollar, the market cap would be:
> 589 trillion dollars!
> This number is larger than the GDP of both America and China combined! 🚫
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2. Floki (FLOKI)
Total Supply: Approximately 10 trillion FLOKI.
If it reaches 1 dollar:
> Market cap = 10 trillion dollars!
> This is also unrealistic at the moment. Bitcoin itself hasn't reached this.
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3. Pepe (PEPE)
Total Supply: Approximately 420 trillion PEPE.
If it reaches 1 dollar:
> Market cap = 420 trillion dollars!
> Again, this is an unreasonable number from an economic perspective.