A Shocking Disillusionment! The Dream of Dogecoin at 1 Dollar Explodes: Fantasy or Wishful Thinking?
Dogecoin (SHIB) once ignited the dreams of countless people to get rich, but on March 3, 2025, it is left with only 0.000013 dollars, a million times away from 1 dollar! Can this fantasy still come true?
Supply Chasm
The circulating supply of SHIB is 589 trillion coins, requiring a market value of 589 trillion dollars to reach 1 dollar! The global GDP is only 100 trillion, and the cryptocurrency market in 2024 is only 3.9 trillion. Unless the financial world turns upside down, it’s purely a delusion!
Slow Coin Burn
Relying on burning for value increase? 14.4 billion coins burned annually would require 40,000 years to eliminate 99.998% to reach 1 dollar! Even at a speed increase of 200 times, it would still take 196 years, and demand must not collapse; it's wishful thinking!
History is Ruthless
In 2021, SHIB skyrocketed by 43.8 million percent to 0.00008845 dollars, still far from 1 dollar. The prediction for 2030 is a maximum of 0.00032 dollars; 1 dollar is unattainable!
The Truth is Painful
Even at the most optimistic estimate, it would take 200 years, and a market value of 589 trillion is even more laughable! Unless a miracle occurs, the dream of 1 dollar is just a bubble. Wake up, and don’t let fantasies blind you!
$1000SATS is not a buddy. Is there really such trash coins in the crypto circle with this kind of pressure from above and support from below? I thought only the big A had them. Just ran out from the big A and encountered this kind of trash like sats. Can't stand it.