Just need to get into it, because so many of you on here keep talking about a 100:1 or 1000:1 split when the Blockchain changes Safemoon from Token to Coin.
During a Reverse Split, Market Cap does not change. Volume does not change. Merely the Supply/ Shares get proportionately adjusted within a ratio. Generally, distressed companies utilize a reverse split to stay relevant on larger exchanges. So consider this, read it a few times so it sticks.
Rounded numbers, for your pleasure.
Current Supply is 580,000,000,000,000.
Market Cap is $1,600,000,000
Rounded price is .000003
If the Split was 1000:1,
Supply would become: 580,000,000,000
Market Cap remains $1.6B
**Price would become .003**
Ultimately your SafeMoon bag is still worth the same, sure.
But that’s the problem. **Every 0 we shave with a Split you are denied 10x’ing your investment.**
Further, when the price reaches .003 hell even .0003.. our Volume does not change. Nor the Market Cap.
**We then need to 1000x or 100x our volume, or else our burn and reflections get reduced by 1000x or 100x.**
Surely you acknowledge that this is not how SafeMoon was indented to function. The Gambian Citizens as well as ALL of the additional future countries and entities that will eventually accept SafeMoon will **NOT BENEFIT** from a for-no-reason price hike.
Remember, organically, we can burn to 0 supply in less than 100 days, if we see volumes from $1B to $10B Daily. During the Bull Run this year, Doge traded from 10B-60B Daily Volume. Generally speaking There were more days it was over 15B Volume, than it was under 10B Daily Volume.
So please, stop mentioning a reverse split. It is improbable, non organic, and unnecessary.
**1 SAFEMOON = 1 SAFEMOON.**