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Food for thought

/u/midwest_rebel by /u/midwest_rebel
November 28, 2021
in SHIB, SHIB Reddit
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Just sitting around on this lazy afternoon had me thinking… Everybody has their own target price for shiba inu to hit. But let me put this into perspective. I read an article talking about bitcoin hitting 135k. Which I can see inevitablly hitting down the road. But 135k, what does that have to do with shiba inu? Well as you should know, most crypto follow btc’s movement. Let’s get into it…

—————————— BTC 2.5x

-Bitcoin:135k

-MC:Roughly 2.5 Trillion (current crypto MC)

-Ratio: -Bitcoin adds up to around 40% of crypto MC

—————————— Bitcoin 2.5x others will follow 🤯

—————————— Ethereum 2.5x

-Ethereum:10k

-MC:1.185 Trillion

-Ratio:Ethereum adds up to around 18.77% of crypto MC

—————————— BNB 2.5x

-BNB:1.45k

-MC:246b

-Ratio:BNB adds up to around 3.84% of crypto MC

—————————— NOW SHIB 2.5x

-SHIB: .00012$

-MC:65b

I haven’t figured out the ratio for shib in the market but knowing it follows btc this is where a 2.5x would put shib in the market!

—————————— Total crypto MC with btc 2.5x Adding up some of the market caps the total crypto MC could be around :

-7.6 T

—————————— Exciting times to come , keep y’all’s heads up. HODL. Not investment advice. I only know shit about fuck.

submitted by /u/midwest_rebel
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