The $1 meme coin trap
Imagine SHIB at $1. Sounds exciting… until you do the math.
Is this real?
The dream of “when it hits $1 I’ll be rich” is one of crypto’s oldest fairy tales. But it collapses after a couple of simple calculations.
TL;DR
- 💡 SHIB has 589 trillion tokens in circulation.
- ⚠️ At $1, market cap would exceed $589 trillion (more than Apple or all the gold).
- ✅ Conclusion: it’s not happening.
Context
Meme coins like SHIB, PEPE, or FLOKI attract thousands of investors because of their low prices. The mistake is assuming “if it’s under a cent, it has infinite upside”.
Interesting detail
If PEPE or FLOKI ever hit $1, their market cap would exceed the GDP of entire continents. That’s basic math, not pessimism.
Impact
Believing in unrealistic targets leads to bad decisions: holding forever, not taking profits, or overinvesting in hype.
Mini risk/opportunity analysis
Risk: being stuck waiting for the mythical $1 that never comes. Opportunity: use meme coins to practice risk management, not to bet on fantasies.
Editorial opinion
Crypto is thrilling, but it requires common sense. Viral predictions don’t replace serious analysis of supply and demand.
Resources
- [What is market capitalization in crypto](https://academy.binance.com/en/articles/what-is-market-capitalization-in-crypto)
Next step
[More responsible investing news](/en/news/security)
Conclusion
The $1 dream for SHIB, PEPE, or FLOKI is as unrealistic as coffee costing 1 cent again. The key is not the unit price but the market cap.