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Home SHIB Reddit

Why Shiba will eat zeroes – bring on the naysayers who quote the market cap point. To .01 and beyond.

/u/forkincrypto by /u/forkincrypto
October 22, 2021
in SHIB Reddit
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My main point – less than 90 million people(less than 1.5% of the total population) on this planet own crypto. First world countries have the lowest adoption rate these days whilst countries like Nigeria and Venezuela is literally adding crypto users by the millions(close to 20% of the people of each nation now owns crypto). This world has over 20 times the amount of users that has acess to the resources to purchase crypto.

Market valuation with 90 million crypto holders – 2.5 trillion( average $27.77 per holder in crypto assets) ; if the crypto users adoption rates increase as they are currently especially in the youth – every 80 to 90 million holders added will increase the total crypto holding by 2.5 trillion. If 500 million people(6% of the world population) adopt, based on the avg. – the crypto market will be worth nearly $14 Trillion. Used statista for crypto adoption stats.

Hodl hard, experts swore Dogecoin would never cross 1 cent and look where it is today. Keep the community strong and be patient .

submitted by /u/forkincrypto
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