RE: Shiba Inu price hype in year 2022

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Shiba Inu price hype in year 2022

in hive-192766 •  3 years ago  (edited)

0.02 isn’t likely - this represents a market cap of over 1.7 trillion. Unless they do a serious burn, and have major utility forcing usage of shib - which the devs have already broken thanks to leash and bone - I don’t see it getting much more than 0.00009, maaaaybe 0.0001 under the right moon and stars.

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Thats a good point. Now all depends upon serious burning of shib. I agree to you on this point. But if we compare it to doge, where doge has unlimited supply but still it reached 0.7, then why does it seem unrealistic in case of shib to reach 0.02 or even 0.1
Can you provide some technical point for my knowledge please.