Introduction
Let’s break down the potential future of Samo(SAMOYED COIN) by exploring its circulating supply, market cap, and price predictions for the end of 2024.
Samo, a digital currency, currently has a maximum supply of 4,746,913,623 SAMO coins. However, the circulating supply, which is the number of coins available in the market, is 3,657,134,467 SAMO, with a market cap of $81,044,610.
Comparing this to other cryptocurrencies, Dogecoin has a market cap of $13 billion, and SHIBA Inu’s market cap is $6,113,013,821. To estimate Samo’s potential price, let’s consider the possibility of reaching $1.
If we aim for a $1 price for Samo, we can perform a simple calculation. Multiplying the circulating supply by the target price:
3,657,134,467 x $1 = $3,657,134,467
This means that for Samo to achieve a $1 price, it would need a market cap of approximately $3.6 billion. Comparing this to the market caps of other cryptocurrencies, it seems plausible.
In conclusion, my prediction for Samo by the end of 2024 ranges from $0.2 to $1, taking into account its circulating supply, market cap, and the potential for growth in the crypto market.
