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#shiba-inu: dose #tuch 1 dollar or not.. Why Does Shiba Inu Have Token Burning?
Shiba Inu (CRYPTO: SHIB), created in August 2020 by Ryoshi (a pseudonym) and others, gained significant attention in May of the following year when its founder(s) sent half of the supply to Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin. Vitalik decided to burn 90% of his SHIB holdings, which accounted for more than 40% of the total supply (approximately 410 trillion coins).
The act of burning SHIB tokens by Vitalik caused a surge in Shiba Inu prices, nearly a 40% increase. The Shiba Inu community decided to continue burning tokens in an effort to increase the value of the remaining tokens and reward loyal holders. However, the sheer size of the total supply posed a challenge, as too many tokens were chasing too few dollars.
Reasons For Token Burning
There are several reasons why cryptocurrency projects engage in token burning despite the seemingly counterintuitive act of destroying their own tokens. These reasons include:
Scarcity: Burning tokens increases the rarity of the remaining tokens, creating a sense of scarcity that can potentially drive up their value.
Inflation Control: Token burns help maintain a stable and predictable inflation rate by reducing the overall supply of tokens in circulation.
Demand and Value: Burning tokens can drive up demand for the remaining tokens, potentially increasing their value and attracting more investors and speculators.
Shiba Inu (CRYPTO: SHIB), created in August 2020 by Ryoshi (a pseudonym) and others, gained significant attention in May of the following year when its founder(s) sent half of the supply to Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin. Vitalik decided to burn 90% of his SHIB holdings, which accounted for more than 40% of the total supply (approximately 410 trillion coins).
The act of burning SHIB tokens by Vitalik caused a surge in Shiba Inu prices, nearly a 40% increase. The Shiba Inu community decided to continue burning tokens in an effort to increase the value of the remaining tokens and reward loyal holders. However, the sheer size of the total supply posed a challenge, as too many tokens were chasing too few dollars.
Reasons For Token Burning
There are several reasons why cryptocurrency projects engage in token burning despite the seemingly counterintuitive act of destroying their own tokens. These reasons include:
Scarcity: Burning tokens increases the rarity of the remaining tokens, creating a sense of scarcity that can potentially drive up their value.
Inflation Control: Token burns help maintain a stable and predictable inflation rate by reducing the overall supply of tokens in circulation.
Demand and Value: Burning tokens can drive up demand for the remaining tokens, potentially increasing their value and attracting more investors and speculators.
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Shiba Inu: Machine Learning AI Predicts SHIBâs Price for March 31
As the cryptocurrency market continues to maintain its bullish momentum, the famous dog-themed meme coin Shiba Inu (SHIB) is no exception. Machine learning and artificial intelligence (AI) algorithms are predicting further advances for the âDogecoin (DOGE) killerâ in the near future, fueling excitement among investors and enthusiasts alike.
According to the most recent data retrieved from the crypto analytics and forecasting platform PricePredictions, an advanced price projecting algorithm anticipates the price of Shiba Inu to reach $0.000043 by March 31, 2024.
#SHIBđĽđĽ #shiba-inu:
As the cryptocurrency market continues to maintain its bullish momentum, the famous dog-themed meme coin Shiba Inu (SHIB) is no exception. Machine learning and artificial intelligence (AI) algorithms are predicting further advances for the âDogecoin (DOGE) killerâ in the near future, fueling excitement among investors and enthusiasts alike.
According to the most recent data retrieved from the crypto analytics and forecasting platform PricePredictions, an advanced price projecting algorithm anticipates the price of Shiba Inu to reach $0.000043 by March 31, 2024.
#SHIBđĽđĽ #shiba-inu:
Hello $SHIB holders what are you guys expecting from #SHIB in next move?
I'm on bearish & u?
#Memecoins #Write2Earn⏠#shiba-inu:
I'm on bearish & u?
#Memecoins #Write2Earn⏠#shiba-inu:
Big one #SHIBđĽđĽ
Now Shiba is ready to explosion and bombing đĽ
Join #SHIBđĽđĽ as soon as possible.
#shiba-inu: $SHIB
Now Shiba is ready to explosion and bombing đĽ
Join #SHIBđĽđĽ as soon as possible.
#shiba-inu: $SHIB
Hello friends, as you may know $BTC Bitcoin Halving is just around the corner and that means that we should see some impacts on cryptomarket.
The information that I will share is just my prediction based on my analysis and not 100% certainty that it will happen.
There will be 2 impacts as a result of Bitcoin Halving:
1 - Total Market Cap will have a significant change, which means that a lot of coin prices will jump around 3 to 10 times.
2 - we should expect a massive jump of one or more coin prices... my guess is BOME or FET.
Good investment should be SOL and AVAX.
I don't know about ADA, but I still believe in it.
Keep your eyes on low priced coins as they could surprise: XEC, BONK, SHIB, PEPE, FLOKI and most importantly BOME.
DOGE should get to 1$.
At the end of the year I would sell everything.
This is my prediction and click the link below for another opportunit.
#BTC #BOME #Halving! #shiba-inu: #SolanaâŠ
The information that I will share is just my prediction based on my analysis and not 100% certainty that it will happen.
There will be 2 impacts as a result of Bitcoin Halving:
1 - Total Market Cap will have a significant change, which means that a lot of coin prices will jump around 3 to 10 times.
2 - we should expect a massive jump of one or more coin prices... my guess is BOME or FET.
Good investment should be SOL and AVAX.
I don't know about ADA, but I still believe in it.
Keep your eyes on low priced coins as they could surprise: XEC, BONK, SHIB, PEPE, FLOKI and most importantly BOME.
DOGE should get to 1$.
At the end of the year I would sell everything.
This is my prediction and click the link below for another opportunit.
#BTC #BOME #Halving! #shiba-inu: #SolanaâŠ
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Future $BTC
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To get millions to join, they are giving away future currency
LINK:
https://link.kelp.finance/iFHh?ref=sx87328kc
Global Inclusion:
Open to the world, Kelp is providing a way for the people to reserve Kelp at launch by helping Kelp grow globally.
Referrals and Actions:
Through referring Friends & Family and/or perform tasks to help Kelp grow, you get a reserve amount of Kelp.
Claiming:
At launch, the full allocation of the Reservation Program is deposited into a custom smart contract and the Token Release Strategy begins to release tokens according to the economic activity of Kelp
Shiba Inu will grow right now... đ
Shiba Inu, the cryptocurrency inspired by the popular dog breed, has skyrocketed from meme status to a serious contender in the crypto world. đ $Its passionate community, recent exchange listings, and broader market trends have fueled its growth. đĽ
#Memecoins #shiba-inu:
$SHIB
Shiba Inu, the cryptocurrency inspired by the popular dog breed, has skyrocketed from meme status to a serious contender in the crypto world. đ $Its passionate community, recent exchange listings, and broader market trends have fueled its growth. đĽ
#Memecoins #shiba-inu:
$SHIB
$SHIB is going to be shit are you agreed?
I lost my money đ
#Memecoins #SHIB #Write2Earn #shiba-inu:
I lost my money đ
#Memecoins #SHIB #Write2Earn #shiba-inu:
Experts are bullish on a few digital forms of money, projecting huge upswings:
- $SHIB : Expected to flood by 800%, demonstrating impressive development potential.
- $PEPE : Anticipated to move by 650%, flagging promising learning experiences.
- $BONK : Expected to encounter a 400% increment in esteem.
Moreover, consideration is attracted to #LUNC, with theory of its progress into a stablecoin. This recommends a great purchase and-hold system for possible increases.
Zeroing in on Shiba Inu ($SHIB ), experts predict a wonderful 300% rise in the not so distant future, regardless of late market variances. Financial backers are encouraged to profit by this open door by entering at an ideal sticker cost before the expected flood. Using devices like Fibonacci retracement and Elliott Wave specialized examination can help with distinguishing support levels and understanding business sector patterns, highlighting the significance of key investigation for upgrading returns.
#shiba-inu: #BONKMillionaire #PepeIsComingBig #Halving!
- $SHIB : Expected to flood by 800%, demonstrating impressive development potential.
- $PEPE : Anticipated to move by 650%, flagging promising learning experiences.
- $BONK : Expected to encounter a 400% increment in esteem.
Moreover, consideration is attracted to #LUNC, with theory of its progress into a stablecoin. This recommends a great purchase and-hold system for possible increases.
Zeroing in on Shiba Inu ($SHIB ), experts predict a wonderful 300% rise in the not so distant future, regardless of late market variances. Financial backers are encouraged to profit by this open door by entering at an ideal sticker cost before the expected flood. Using devices like Fibonacci retracement and Elliott Wave specialized examination can help with distinguishing support levels and understanding business sector patterns, highlighting the significance of key investigation for upgrading returns.
#shiba-inu: #BONKMillionaire #PepeIsComingBig #Halving!
#shiba-inu: I hope Shiba will help me fulfill my dream, I donât need millions, 25 thousand is enough for me. I hope you are not chasing big money either.
Spring started but crypto going to fall down. It is a crypto tradition that whenever a month starts it starts to fall. It is better not to invest now.
#Pepe #shiba-inu: #Memecoins
#Pepe #shiba-inu: #Memecoins
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Shiba Inu Experiences Downturn as Whale Offloads 533.6 Billion Tokens
SHIB - SELL
Reason: A massive sell-off by a single entity leading to a downturn in investor confidence may cause further price declines.
Signal strength: HIGH
Signal time: 2024-04-02 14:03:08 GMT
#shiba-inu: #DOWNTURN #whales #shibusdt #SignalAlert
Always DYOR. This is not a trading signal nor a call for smth, but our POV. What is yours?
Shiba Inu Experiences Downturn as Whale Offloads 533.6 Billion Tokens
SHIB - SELL
Reason: A massive sell-off by a single entity leading to a downturn in investor confidence may cause further price declines.
Signal strength: HIGH
Signal time: 2024-04-02 14:03:08 GMT
#shiba-inu: #DOWNTURN #whales #shibusdt #SignalAlert
Always DYOR. This is not a trading signal nor a call for smth, but our POV. What is yours?
Hi Guys đ¨đ¨đ¨
Alert đ¨đ¨đ¨ $4.1M Big Scam đ¨đ¨
South Korean Police Arrest Two Persons in $4.1M Crypto Scam.
Meanwhile, crypto fraud in South Korea is currently on the rise as the industry gains momentum in the country. In February, the countryâs financial authorities captured three senior executives from Haru Invest, a blockchain yield-earning platform for alleged fraud. The trio, which includes the companyâs co-CEOs, was accused of stealing approximately 1.1 trillion won ($828 million) from 16000 customers.
$BTC $ETH
#shiba-inu: #SHIBArmy!" #Write2Earrn
Alert đ¨đ¨đ¨ $4.1M Big Scam đ¨đ¨
South Korean Police Arrest Two Persons in $4.1M Crypto Scam.
Meanwhile, crypto fraud in South Korea is currently on the rise as the industry gains momentum in the country. In February, the countryâs financial authorities captured three senior executives from Haru Invest, a blockchain yield-earning platform for alleged fraud. The trio, which includes the companyâs co-CEOs, was accused of stealing approximately 1.1 trillion won ($828 million) from 16000 customers.
$BTC $ETH
#shiba-inu: #SHIBArmy!" #Write2Earrn
"#Shiba Inu Token Burn: How Long to Remove 99%?
Hey SHIB holders! Ever thought about how long it'll take to reduce Shiba Inu's tokens? Here's the info:
Every day, 1 billion SHIB tokens are burned. That's 365 billion tokens gone in a year. But, with this burn rate, getting rid of 99% of SHIB tokens will take a long time.
There are 549 trillion SHIB tokens in circulation. Burning 1 billion daily isn't enough. It would take about 547,500 days or 1,500 years to burn 99% of the total tokens.
So, it might take 1,500 years to remove 99% of SHIB's tokens. But if we did, we'd have around 5.4 trillion tokens left. This could make the price go up due to less supply.
Keep watching as SHIB continues to burn tokens, changing the future of this popular meme coin! #HotTrends #BNBChain #CryptoInsights" #shiba-inu: #BNBChain #BOME
Hey SHIB holders! Ever thought about how long it'll take to reduce Shiba Inu's tokens? Here's the info:
Every day, 1 billion SHIB tokens are burned. That's 365 billion tokens gone in a year. But, with this burn rate, getting rid of 99% of SHIB tokens will take a long time.
There are 549 trillion SHIB tokens in circulation. Burning 1 billion daily isn't enough. It would take about 547,500 days or 1,500 years to burn 99% of the total tokens.
So, it might take 1,500 years to remove 99% of SHIB's tokens. But if we did, we'd have around 5.4 trillion tokens left. This could make the price go up due to less supply.
Keep watching as SHIB continues to burn tokens, changing the future of this popular meme coin! #HotTrends #BNBChain #CryptoInsights" #shiba-inu: #BNBChain #BOME
Quoted content has been removed
Now let's see : $SHIB
.
01-09-2020: $0.00000000008
04-10-2024: $0.00008
actual price : $0.00003
...................
To calculate the percentage increase from $0.00000000008 to $0.00008, we first find the difference between the two values, then divide that difference by the original value, and finally multiply by 100 to get the percentage increase.
Difference = $0.00008 - $0.00000000008 = $0.00007999999992
Percentage Increase = (Difference / Original Value) * 100 = ($0.00007999999992 / $0.00000000008) * 100 = 99999999900%
The percentage increase is: 999999999%
__________________________________
.
If you have bought only 50$ of #Shiba in 09-2020 , you would own : $50,000,050 in 2021 .
and at least $20,000,000 by now â
.
Final Amount = $50 + ($50 * 99999999%)
= $50 + ($50 * 99999999/100)
= $50 + ($50 * 999999.99)
= $50 + $49999999.5
= $50000049.5
__________________________________
the percentage plays a great role in the Crypto currencies â .#LUNA #shiba-inu: $shiba $BTC
.
01-09-2020: $0.00000000008
04-10-2024: $0.00008
actual price : $0.00003
...................
To calculate the percentage increase from $0.00000000008 to $0.00008, we first find the difference between the two values, then divide that difference by the original value, and finally multiply by 100 to get the percentage increase.
Difference = $0.00008 - $0.00000000008 = $0.00007999999992
Percentage Increase = (Difference / Original Value) * 100 = ($0.00007999999992 / $0.00000000008) * 100 = 99999999900%
The percentage increase is: 999999999%
__________________________________
.
If you have bought only 50$ of #Shiba in 09-2020 , you would own : $50,000,050 in 2021 .
and at least $20,000,000 by now â
.
Final Amount = $50 + ($50 * 99999999%)
= $50 + ($50 * 99999999/100)
= $50 + ($50 * 999999.99)
= $50 + $49999999.5
= $50000049.5
__________________________________
the percentage plays a great role in the Crypto currencies â .#LUNA #shiba-inu: $shiba $BTC
Top 10 $BTC Owners,
Satoshi the developer of #SHIBđĽđĽ is No#1 in the world đ.
#shiba-inu: life changer token, plz hold. . ....đ
Satoshi the developer of #SHIBđĽđĽ is No#1 in the world đ.
#shiba-inu: life changer token, plz hold. . ....đ
#ICP #shiba-inu: #shibapump #XRPCOIN
$XRP
let's talk about XRP ! will it pump in next week or not !?
$XRP
let's talk about XRP ! will it pump in next week or not !?
yes
54%
no
32%
no comment
14%
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