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SHIB destruction storm is coming, can it counterattack and hit $1?
Recently, a heavy rumor has set off a storm in the currency circle: SHIB (Shiba Inu Coin) plans to destroy 99% of the tokens! At present, the market value of SHIB has firmly stood at a high of 15 billion US dollars, and the destruction action is faster than expected, like a galloping storm.
In just a few days, the destruction rate soared by 6220%. The original total amount of 999 trillion tokens has now been "vanished to ashes", and only 541 trillion are left in circulation on the market, and the price has also rippled.
Faced with this huge change, SHIB's chief developer Kusama was calm and composed. He admitted that it is not difficult to achieve large-scale destruction at the technical level, but destruction is by no means a "panacea". Shiba Inu's DeFi and other ecological projects are like the cornerstone of a building, and they are equally critical. Kusama warned that if the destruction is too fierce, the price may soar to a height that would discourage potential buyers. At that time, the destruction will slow down, which will slow down the pace of SHIB's progress. The way out is to strike a balance between destruction and ecological construction.
At this moment, the price of SHIB is still on the rise, and experts are optimistic. Technical analysis shows that once a certain key node is broken, the price is expected to reach $0.000045. But to aim at the "sky-high price" of $1, the SHIB community must accurately find a balance between destroying tokens and polishing ecological projects such as Shibarium. This not only tests collective collaboration and wisdom, but also requires insight into the market trend and grasping the psychology of investors.