Hello again! Here is a new post since last one got many upvotes and some people had some questions. Like i said before i am a shib holder and I also trade shib in a different platform. i am glad to share my experience with the ShibArmy.
Many people dmed me and asked for my price prediction for 2022 and if they should still hold. About the price prediction, i dont have a crystal ball but i can explain you how crypto price works. First of all, NO it wont reach .001 or .01 in 2022. In order to reach .001 with the current supply we need a market cap similar to the one bitcoin has (900B).
Price = P – Market Cap = MC – Circulating Supply = CS
You calculate the price using this formula P= MC/CS. This means that you can raise the price by having less CS for example burning coins. You can also raise the price by raising the market cap like i said previously. Even if we burned half the CS we will need around 400B Market Cap to reach .001.
This is not FUD i am just trying to put some people into perspective. This is why this a long hold project. Shiba Inu is probably one of the best projects currently and next year. Invest wisely and invest patiently. If you get bored you can open an stock broker app and day trade shiba.
Edit: Thank you for the silver! Sadly is getting downvoted.