Let's talk about SHIB.
SHIB is an ERC-20 token on Ethereum, with an initial total supply of 1 quadrillion tokens.
One thing many people overlook: SHIB's unit price is extremely low because its total supply is enormous. To judge whether SHIB is expensive, look at its total market capitalization—not just its unit price.
Don't be swayed by “it only costs a few cents per token.” A low unit price doesn't mean it's undervalued, nor does it mean it has more room to rise.
The coin mentioned above: $SHIB . Current price: 0.0₅376 (24h -11.32%).
SHIB is an ERC-20 token on Ethereum, with an initial total supply of 1 quadrillion tokens.
One thing many people overlook: SHIB's unit price is extremely low because its total supply is enormous. To judge whether SHIB is expensive, look at its total market capitalization—not just its unit price.
Don't be swayed by “it only costs a few cents per token.” A low unit price doesn't mean it's undervalued, nor does it mean it has more room to rise.
The coin mentioned above: $SHIB . Current price: 0.0₅376 (24h -11.32%).