Let’s talk about SHIB.
SHIB is an ERC-20 token on Ethereum, with an initial total supply of 1 quadrillion tokens.
One thing that’s easy to overlook: SHIB’s unit price is very low because its total supply is enormous. To judge whether SHIB is expensive, look at its total market cap—not just its unit price.
Don’t be tempted by “it only costs a few cents per token.” A low unit price doesn’t mean it’s undervalued, let alone that it has huge upside potential.
Back to the market: $SHIB is at 0.0₅474 (24h +3.95%).
SHIB is an ERC-20 token on Ethereum, with an initial total supply of 1 quadrillion tokens.
One thing that’s easy to overlook: SHIB’s unit price is very low because its total supply is enormous. To judge whether SHIB is expensive, look at its total market cap—not just its unit price.
Don’t be tempted by “it only costs a few cents per token.” A low unit price doesn’t mean it’s undervalued, let alone that it has huge upside potential.
Back to the market: $SHIB is at 0.0₅474 (24h +3.95%).
