Do you interested in the $RYOSHI game to $1?
$RYOSHI is the crypto project and as I study, it is pretty interesting to understand more about the project. Could this coin hit $1?
So, their website says…
“If 2021 taught the crypto world anything, it’s that community-driven meme tokens are in HIGH demand. The PEOPLE want control of their token, and strong communities of HODLers can be built that have each other’s back.
That’s why RYOSHI has stepped out of the shadows. See, RYOSHI is SHIBA’s older, wiser father. He’s proud of everything his son has accomplished but is pretty bummed about the fact that so many people missed their chance to get on the moon rocket.
$RYOSHI has created a decentralized, deflationary, community token that is by the people, for the people. $RYOSHI solves the SIGNIFICANT issues of DOGE and SHIBA — while maintaining the same meme community energy that allowed both assets to rise dramatically.
LOW FEES
One of the major drawbacks of SHIB, and likely the reason the token has stalled out since its initial rise, is the high transaction fees associated with the Ethereum Blockchain upon which it is built. Being a BEP20 token built on the Binance Smart Chain allows RYOSHI to have TINY transaction fees.”
So the noticeable point is its deflationary token with TINY transition fees. Means it just sends 2% of every transaction to a 0x0000000000000000000000000000000000000000 account and no one has access to it.
Let’s Understand this coin…
Total Supply: 1000T
Initial Burn: 500T (50%)
Available to trade: 420T(42%)
Future Development & Marketing: 80T(8%)
Current Price: $0.00000005175 with $1M Volume $RYOSHI
Till today it burned about 156T/500T only 344T coins left.
Now according to my calculation, it’s burning on an average of 300B- 400B every day. at 50M fully diluted market cap with 1M Volume. Here is a very interesting thing comes. means about $15000 worth of coin burns at $0.00000005 price. Now if the price goes up when the market cap goes up means volume also goes up but the Burning of 300B-400B coins will remain the same as long as we don't see a huge spike in the market cap. The burning remains the same because coins' prices have also gone up. means the same quantity of coins were traded even if the volume is high.
So, Is there any chance for this coin to hit the $1 mark?
According to the data and current situation if $RYOSHI community manage to show growth in the community and if they can able to hit 1B market cap in one year then there will be only ~125T coins will be left before next year and below is the predication if 300B-400B coins burn every day with discounted (Reverse Compound effect) decrement of ~2% Every week. and increasing in market cap at the end of every year as 50M, 1B, 5B, 15B, 30B, 45B, 60B, 88B.
{Market Cap}{Total Coin Left} at {Time} | {Price in $}
@50M Mc 124T at 1 year |0.0000004
@1B Mc 44T at 2 years | 0.000022
@5B Mc 15T at 3 years | 0.0003
@15B Mc 4T at 4 year l 0.003
@30B Mc 1.9T at 5 year l 0.01
@45B Mc 700B at 6 year l 0.06
@60B Mc 250B at 7 year l 0.24
@88B Mc 88B at 8 year l $1
🤑🤑🤑🤑🤑
Do you want to play this game? 😉
The above numbers are imaginary possibilities. It’s not financial advice. Stock and crypto investment is subject to market ups and downs. You may lose your money. please do your own study to invest.