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Comments by "Ron Burgundy" (@ronburgundy4375) on "SHIBA INU HAS A GENIUS PLAN THAT CAN GET IT TO $0.01" video.
It's never going to reach 1 cent with the current circulating supply. If everyone collectively burned together then it would be possible. It's far more benificial to burn than to hold or buy more. If you had 1m coins 1b in circulation 549b market cap means 549 usd per coin or 549m for you it's that simple literally. Currently to reach 1 cent it would require the same market cap wich will never happen due to store of value not being present.
3
The only way it will reach one cent is if we collectively burn the supply down. The major issue is 2 things 1. Greedy holders hoarding coins and 2. Over abundant supply in the hundreds of trillions. It would currently take a 549b dollar market cap for it to reach 1 cent that will never ever ever happen period theirs no question and if it did it would crash so hard instantly from everyone selling. Proof of stake does nothing unless maybe you have a stable coin and earn a decent apy. However if you kept 1m coins burned the rest bought to burn with a goal of 1b coins in circulation the coins would end up being worth hundreds each. So at the same 549b market cap you'd have 549m dollars... The major issue is its never going to happen due to people lacking the ability to do basic math and understand that burning is significantly more benificial. The store of value needs to be increased.
2
We need to collectively burn and stop being greedy that's why everyone is loosing
2
It's never going to reach 1 cent with the current circulating supply. If everyone collectively burned together then it would be possible. It's far more benificial to burn than to hold or buy more. If you had 1m coins 1b in circulation 549b market cap means 549 usd per coin or 549m for you it's that simple literally. Currently to reach 1 cent it would require the same market cap wich will never happen due to store of value not being present.
1
The only thing that will make people rich is collectively burning and increasing the store of value
1
It's never going to reach 1 cent with the current circulating supply. If everyone collectively burned together then it would be possible. It's far more benificial to burn than to hold or buy more. If you had 1m coins 1b in circulation 549b market cap means 549 usd per coin or 549m for you it's that simple literally. Currently to reach 1 cent it would require the same market cap wich will never happen due to store of value not being present.
1
Clown boy.. The only way to get it to 1 penny and beyond is to collectively burn... It'll never reach 1 cent with the circulating supply and greedy holders that don't realise its better to burn than to buy
1