🤔 Ever wondered why a token with a tiny price like $SHIB or $BTTC can't just climb to $1? It's the most common trap for new traders, and it's all about understanding market capitalization, not just the unit price!
💰 The simple formula is: Market Cap = Token Price x Circulating Supply
A token like Shiba Inu ($SHIB) has a circulating supply of hundreds of trillions of tokens. A jump to even just $0.01 would give it a market cap larger than many of the world's biggest corporations. A $1 price for SHIB or BTTC would make their market caps worth hundreds of trillions of dollars—far more than the entire global economy!
💡 The price on its own is a distraction. A token at $0.00001 can already have a massive market cap, meaning its potential for astronomical gains is mathematically limited.
Don't let FOMO blind you! Instead of chasing tiny prices, focus on the fundamentals:
Tokenomics: What is the total supply? Is there a burn mechanism?
Utility: What is the real-world use case of the token?
Market Cap: Compare the current market cap to its potential.
Be a smart trader. Look beyond the decimals and understand the true value of your investment. 🤓