$SHIB
Is burning 99% of the tokens essential for achieving profitability?
Regarding the profitability of this asset, there are a few considerations. Firstly, the drastic percentage increase from 0.000027 to 1( change from 0.000027 to 1 is approximately 3,703,619% which is a big change to happen)represents a significant change, suggesting the potential for profitability if the value of Shiba Inu can clear at least two zeros. Secondly, achieving profitability may rely on factors such as increased demand or utility for the token, which could be driven by factors like expanded adoption in decentralized applications, partnerships with major companies, or notable developments in its ecosystem. Thirdly, scarcity resulting from a reduction in token supply through burning can play a role. Based on my research, the bullish trend of $SHIB is attributed to ecosystem developments, increased acceptance, investor trust, and a rising burning rate. However, it's important to approach speculative investments like this with caution and conduct thorough research.
