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At $0.01, Shiba Inu's market value would be a gargantuan $5.9 trillion (based on the current token count), making it more valuable than the most dominant tech businesses shaping our economy today.
At the current token price, Shiba Inu has a market capitalization of about $18 billion. Simple math suggests that at a price of $1 per token, its market cap would be $589.3 trillion.
The Shiba Inu (CRYPTO: SHIB) cryptocurrency opened at a price of $0.00000000008 per token in 2021 before soaring by a whopping 107,499,900% to a peak of $0.000086 in October of that year. But ...
Shiba Inu token (ticker: SHIB) is a decentralized cryptocurrency created in August 2020 by an anonymous person or group using the pseudonym "Ryoshi". [1] It is inspired by the Shiba Inu (柴犬), a Japanese dog breed, which also serves as the mascot for Dogecoin , another cryptocurrency with meme origins.
About 589.5 trillion tokens are currently in circulation, so based on the price per token of $0.000028 as of this writing, Shiba Inu has a market capitalization of $16.6 billion.
William Delbert Gann (June 6, 1878 – June 18, 1955) or WD Gann, was a finance trader who developed the technical analysis methods like the Gann angles [1] [2] and the Master Charts, [3] [4] where the latter is a collective name for his various tools like the Spiral Chart (also called the Square of Nine), [5] [6] [7] the Hexagon Chart, [8] and the Circle of 360.
The Kai Ken (甲斐犬, Kai-ken, Kai-inu [1], also called the Tora Inu or Tiger Dog) is a breed of dog native to the Kai region, Yamanashi Prefecture, Japan, [2] where it is a national monument. It is a rare dog even in its native land and is one of the six native Japanese dog breeds protected by the Nihon Ken Hozonkai .
Using a few back-of-the-envelope calculations, that leads to a $32 billion market cap for Shiba Inu and an implied price of $0.00005 per token. From my perspective, though, this approach is not ...