is binance going to delist $GMT ? I'm scared they have not been performing , token just tanking day by day , any hope or it's a rug going on behind the scene 🤔 #BinanceAlphaAlert #BTCNextATH? #Rugpull #gmt
Huge Token Supply: With 589 trillion $SHIB tokens in circulation, reaching $1 would require a market cap of over $589 trillion—far more than the entire global economy.
No Scarcity: Unlike Bitcoin, which is valuable because of its limited supply, $SHIB’s massive supply works against it.
What Could Drive Growth
Community Support: Shiba Inu has a strong fanbase and ongoing token burns, but these efforts aren’t enough to significantly reduce the supply to justify $1.
Ecosystem Expansion: Projects like Shibarium (its blockchain platform) and new use cases may help $SHIB grow over time.
What to Keep in Mind
High Risk: Shib is a meme coin, and its price is unpredictable. It’s best to invest only what you can afford to lose.
Surprises Happen: The crypto market is unpredictable, so unexpected price movements are always possible.
While a $1 price target is unrealistic, Shiba Inu still has growth potential. Focus on the fundamentals and approach investments with caution.
that's true, gmt yesterday I had to start wondering what's wrong with the project, even USDT rises more than it, it keeps tanking and nothing is happening. seems it's been forgottn
abdelatif dz -8f9f5b797
--
$GMT This currency will soon disappear. I lost $2,000 when it was first launched on the platform, and now I am checking it to see its price. It is still at the bottom of the cryptocurrency.