I am quiet aware many of you may have heard about it and possibly you're holding it with the hope that it's going to get to $1. Let me shock you.I've got bad news for you if you fall in such category.
You would wait and wait untill the next 500 years and Shiba won't hit that $1, let look at Market Cap of BTC/Market Cap of Shiba Inu.
Btc Shiba Inu
$794058112705/$4832013125
= 164.3
Now take the Price of Shiba Inu ( 0.000008196) and multiply by 164.3
= 0.000008196X 164.3= 0.0013~ $0.001
Take note of this calculation and figure I am arriving at.
We arrived at $0.001 this figure means something guys.It means for Shiba Inu to equal itself with BTC ( which is the king of the Crypto space) it needs to reach a price of $0.001. and that's impossible! This can only happen in wonderland. Not in the physical World.
When you perform this calculations the further away you are from $100 the higher the chances of that coin hitting $1.
Infact if you arrive at anything above $1000 - $10,000 to $100,000 that coin carries a high potential of hitting $1.
Can you imagine BTC having the highest market cap in Earth and then then Shiba hits 0.001$ and it's now equal with BTC how possible is that?
So for those of you holding Shiba and waiting for it to hit $1 I wish you good luck in your holdings.