Shiba Inu Surplus and Demand

Shiba Inu at $1 $SHIB (100X coins)

This is primarily due to the surplus of supply compared to demand for the coin. Therefore, it is advisable not to retain such a coin that has an abundance in supply and lacks demand.

To provide some perspective, Dogecoin (DOGE) took almost four years for its market capitalization to surpass $1 billion. In contrast, Pepe Coin reached the same benchmark within three weeks of its launch. Although the price of $PEPE has been extremely volatile since then, the number of individual holders continues to be impressive.

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