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I want help with Calculating numbers for the SHIB token which is a Crypto Currency. I want to determine what the results will be if
I want help with Calculating numbers for the SHIB token which is a Crypto Currency. I want to determine what the results will be if we burned/removed some tokens from circulation. All currency is in USD Current Price: $0.00000724 Current 24 hour Volume: $ 221.6 Million Current Market Cap $2.785 Billion Current Number of Tokens in Circulation: 394,8 trillion I researched and found the following: Market Cap = Circulating Supply * Price Price = Market Cap / Circulating Supply So for example if 100,000 people purchased $20.00 USD each at the same time that would be $2,000,000 into the volume and equal $264,900,662,251.66 SHIB Tokens purchased. Then if all those people burned those tokens those would be removed from the Circulating Supply. What will the new Market Cap and Price be? I want to know the calculations to figure this out
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