Analyzing tokenomics is a fundamental part of cryptocurrency investing. Supply inflation or deflation plays a meaningful role in the performance of cryptocurrencies.
With that in mind, Finbold looked at Shiba Inu (SHIB) tokenomics from a different perspective. Public market data from leading indexes can demonstrate the effects of an increased supply inflation. It is possible to calculate the exact price SHIB would trade if it ever hits the all-time high market cap.
A token needs more demand to keep its same value, facing an inflationary supply and less demand facing a deflationary one. These two factors influence whether a cryptocurrency’s price rises or falls. Each cryptocurrency, including Shiba Inu, has its unique ‘tokenomics’ structure.
SHIB had an all-time high market cap of $249.833 billion on May 11, 2021, according to TradingView’s CRYPTOCAP index. According to multiple sources, Shiba Inu started with a circulating supply of 1 quadrillion SHIB, suggesting a price as hig
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