CRYPTO WATCH

Shiba Inu (SHIB) & the $1 Dream

SHIB has 589 trillion tokens in circulation with a market cap of $6 billion

If SHIB surged to $1/token, its implied valuation would exceed global GDP

Hence, drastic reductions in supply are necessary for SHIB to reach $1/token

A burning mechanism built into the project is necessary for SHIB to attain $1 dream

Without which SHIB is extremely unlikely ever to reach $1

Rather, it is more likely to see a 10X or more gain in SHIB in a strong bull market

SHIB has high potential rewards but also carries high risks.

Investing in crypto requires careful consideration and should only be done after thorough research.