<cough> um, yeah, that would be me. Could you exert enough energy to give me a formula, or point me in the right direction. This may be why I've had such a hard time.
Well you need to look at the numbers more.
Simple maths.
Doge has 100,000,000,000 coins That's ONE HUNDRED BILLION coins and is valued at 100 sats up to 250 sats each
SHIBE has 300,000,000 coins That's THREE HUNDRED MILLION coins and is currently valued at 300 sats up to 400 sats each (at time of writing)
So if you believe that you can get a feel of the demand on SHIBE in relation to Doge then you can use the maths to help give you an indication as to whether the coin is undervalued or not.
Ask yourself... How many coins will Doge have compared to Shibe???
100,000,000,000 / 300,000,000 = 333.33
That means Doge will have approx 333.33 times more coins than Shibe.
What does that tell you. Not much until you look at the current market caps / coin value.
Doge market cap = $36 Million
SHIBE market cap = $360K
That means at time of rising there is a potential for a 100 x rise if SHIBE is to rise to reach Doge levels. Your jugement must come in to play to decide if you think this is possible.
So a 100 x rise means that (at time of writing) 363 sat current SHIBE price would have to hit 36300 sats to equal Doge.
These are mathematical indications that you can use combined with the current demand that you have to FEEL.