SHIB Big News! Planning to Burn 99% of Tokens, Shocking
SHIB has become popular, with a net worth of 15 billion dollars! And the speed of burning tokens is incredibly fast! If 99% of SHIB is really burned, will it soar directly to 1 dollar? Or will this sudden surge cause SHIB's little universe to explode?
These past few days, burning SHIB tokens has been like setting off firecrackers, crackling away, and the number of tokens burned has increased by 6220 times! Originally there were 999 trillion tokens, now only 410 trillion are left after the burn, and there are still 541 trillion circulating in the market.
SHIB's chief developer Kusama remains calm, saying that technically burning tokens is not an issue, but it’s not just about burning them. The ecological projects of Shiba Inu, such as DeFi, need to keep up with the pace.
However, Kusama also warned that burning too aggressively poses risks; if the SHIB price rises too high, buyers may be too scared to purchase. The speed of burning tokens needs to slow down, otherwise SHIB's development will be hindered. A balance between burning tokens and other efforts must be found for SHIB to unleash its true potential.
Currently, the price of SHIB is still rising, and experts are quite optimistic. Technically speaking, as long as a certain key level is broken, the price could rise to 0.000045 dollars.
However, to challenge the 1 dollar mark, SHIB players need to find the right balance between burning tokens and improving projects like Shibarium.
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