October 28, 2021
$SHIB COIN CIRCULATING SUPPLY ERROR! 389T TO 589T CIRCULATING SUPPLY?
Circulation Variation Supply from 389T to 589T?
There is a recent dip seen in the price of Shib after it surpassed Doge, DOT and XRP (Ripple) moving to as the #7th largest crypto in the world. The dip came in with a surprise with investors noticing a rise in the coin's circulation supply from 389T to 589T shown in top exchanges like binance and popular crypto info website coinmarketcap
Shib has a current market cap of $40bn and the current price is fluctuating between 0.000065 and 0.000076 with a supply of 589T which is approximately an additional 200T to the previous 389T circulating supply.
According to the most official update from twitter handle Shytoshi Kusama, the variation of the circulation supply is due an error which is assumed to be fixed soon.
When the circulating supply is fixed to 389T, with a market cap of $40bn, the price of the coin is assumed to reach $0.0001