1000 dollars in $SHIB is Turning to $100k ? But how?
in this article i am gonna explain you that today investment in shib is how much profitable in few days.
first of all we need to understand that what is shib?
Shiba Inu token is a decentralized cryptocurrency created in August 2020 by an anonymous person or group using the pseudonym "Ryoshi". It is inspired by the Shiba Inu (柴犬), a Japanese dog breed, which also serves as the mascot for Dogecoin, another cryptocurrency with meme origins. Some categorize Shiba Inu as a "meme coin" There have also been concerns about the concentration of the coin with a single "whale" wallet controlling billions of dollars' worth of the token, and frenzied buying by retail investors motivated by fear of missing out (FOMO).
shiba inu investors already got alot of profit during listing on #binance but now shib touched new high #burn rate with price expected to rebound.
Shiba Inu (SHIB) has set itself on a major bullish path today after its most consistently bullish metric, the burn rate soared by 499,363% overnight. With this rare jump in burn rate, the protocol has now sent as many as 264,176,152 SHIB tokens to dead wallets, removing them from circulation completely.
this missive news did Instant 2% up impact on price. however its not over the token is get in trending on social media because of this news. So we expect 100% or even 10000% pump in shib price in upcoming days.
Shiba Inu has maintained relatively fair resilience thus far this month, and this latest burn rate might help it hit one of its most positive months this year.
#SHIBFuture $SHIB #SHIBSurge #shibaburn