Degen

Back of the envelope ✉️✍️

37B DEGEN total, so at $1 DEGEN, total market cap would have to be $37B

In November 2021, DOGE had $35B market cap and SHIBA INU $31B

With TOTAL market cap at $3T, this represented a 2.2% share

In the next cycle we might be at ~$10T -> 2.2% = $220B

And we just need $37B 🎩

Computational architect. Some structure, mostly chaos. Co-founder {protocell:labs}

https://protocell.xyz/

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true, it CAN happen and of course i hope for it too!

Yes, but also basic math with some very realistic assumptions. If the DEGEN market cap at $1 turned out to surpass BTC, I would dismiss the thesis right away on the ground of common sense. But at $37B, it’s totally in the realm of plausible.