#NFT市场回暖
Burning 99% of SHIB, can it rise to 1 dollar or ruin the ecosystem?
The friends of Shiba Inu (SHIB) have recently been discussing a bold idea: should we burn 99% of SHIB? The goal is simple: to reduce the amount of SHIB, allowing the price to rise, and who knows, it might even reach 1 dollar!
What’s the current situation with SHIB?
Total supply: 1 quadrillion (an astronomical number)
Circulating supply: about 550 trillion
If 99% is really burned, then only 5.5 trillion would be left in circulation.
What are the benefits of burning SHIB?
Less supply, higher price: With fewer SHIB, everyone will compete more eagerly, and the price will naturally go up.
More precious: The less there is, the more valuable it becomes, and investors might find it more enticing.
Shows sincerity: Burning so much indicates that the team genuinely wants SHIB to appreciate, not greedy.
But burning SHIB also has risks!
Market chaos: Burning so much at once will cause the price to fluctuate wildly.
Trading difficulties: With less SHIB in circulation, buying and selling will become troublesome.
Community dissatisfaction: This approach might make people feel it’s unreliable, leading to a loss of trust and support.
In summary:
Burning 99% of SHIB is a gamble; the price could skyrocket or crash.
But risks must be recognized; the market, liquidity, and community cannot be ignored.
In the end, this matter needs to be carefully considered, thinking about its impact on the ecosystem and community.
