Puppies Community is strong, market value is low, huge potential,

🔥 Major Event! 99% of SHIB Tokens to be Burned?

Currently, SHIB's market capitalization has surpassed $15 billion, and the rate of token burns is accelerating. If 99% of SHIB tokens are indeed burned, could it push the price to $1? Or would this lead to the collapse of the SHIB ecosystem?

Recently, the burn process for SHIB has rapidly accelerated, with the burn amount skyrocketing by 6220% in just a few days. The total supply of SHIB was initially 999 trillion tokens, of which 410 trillion have been burned, leaving only 541 trillion tokens in circulation.

SHIB's chief developer, Kusama, stated that while large-scale burns are technically supported, burning is not a 'magic key' that solves all problems. He pointed out that SHIB's ecosystem projects (such as DeFi, etc.) are equally crucial. He warned that if burns happen too quickly, it could trigger a price surge that results in market panic, thereby affecting SHIB's long-term development. He emphasized that balancing burns with other development measures (like Shibarium) is essential.

Nevertheless, SHIB's price continues to rise, and experts are optimistic about its future prospects. Technical analysis indicates that if a certain key point is breached, SHIB's price could potentially rise to $0.000045. However, to achieve the $1 target, the SHIB community needs to find an ideal balance between token burns and the development of other projects.

Bonus: Potential Meme Coin Focus
As a Musk concept, puppies are likely to become a potential meme coin. If market sentiment continues to rise, small investors may tentatively invest in such projects, potentially leading to unexpected surprises!

Note: The above content is merely a personal experience share and information reference, and does not constitute any investment advice. Invest cautiously and make rational decisions!
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