FOLLOW ME TO GET BEST TIP ON HOW TO EARN PROFIT ON CRYPTO #B | Mohammad Samnani Ali on Binance Square

Trending Articles

Bookmarked and Liked

Mohammad Samnani Ali

--

FOLLOW ME TO GET BEST TIP ON HOW TO EARN PROFIT ON CRYPTO #BinanceTournament #BTC #safu #Web3Wallet

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

68,328.14

-1.48%

7

0

Replies 0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

Mohammad Samnani Ali

@Square-Creator-66119604ca3a

Explore More From Creator

According to various sources, Bonk coin price predictions for January 2024 range from $0.000010 to $0.000085, with an average of $0.0000475. Some factors that may influence the price of Bonk coin are its adoption as a DeFi token, its listing on major exchanges, and the overall performance of the Solana ecosystem. However, these predictions are not financial advice and you should do your own research before investing in any cryptocurrency. #bonk #shiba #BTTC #ACE

--

𝑨𝒄𝒄𝒐𝒓𝒅𝒊𝒏𝒈 𝒕𝒐 𝒕𝒉𝒆 𝑪𝑯𝑨𝑻𝑮𝑷𝑻 4 𝑷𝑳𝑼𝑺 #BinanceTournament here are some of the price predictions for Shiba Inu for January 2024: Changelly1 predicts that Shiba Inu will reach $0.0000107 by the beginning of January 2024, and $0.0000133 as the maximum price for the month. #DOGE CoinCodex2 predicts that Shiba Inu will trade at the price of $0.000007629 by January 1, 2024, which suggests an increase of 11.03% compared to its current price as of December 6, 2023. TradingBeasts3 predicts that Shiba Inu will reach $0.0000107 by the beginning of January 2024, and $0.0000133 as the expected maximum price for the month. DigitalCoinPrice4 predicts that Shiba Inu will be at a minimum price of $0.0000175 in January 2024, with an average price of $0.0000181 and a maximum of $0.0000197. #BTT Finbold5 reports that an AI-driven price forecast algorithm used by the crypto analytics platform CoinCodex predicts that Shiba Inu’s price could be $0.000007629 on January 1, 2024. As you can see, there is a wide range of price predictions for Shiba Inu for January 2024, and they may not agree with each other. Therefore, you should take them with a grain of salt and not rely on them as the sole basis for your investment decisions. Shiba Inu is a highly speculative and risky asset, and its price can change dramatically in a short period of time. You should only invest what you can afford to lose and be prepared for the possibility of losing your entire investment. #ORDI #JTO #jto $BTC $ETH $BNB

--

#Shibarium: This is the name of the upcoming Layer 2 blockchain solution for Shiba Inu, which aims to reduce gas fees and increase scalability. Shibarium has recorded over 12 million transactions in just two days, increasing the burn rate of SHIB by 650%1. #ShibTheMetaverse: This is the project that will integrate Shiba Inu with the metaverse, a virtual world where users can interact and create content. Shiba Inu is gearing up for a massive update that will unveil three hubs: Rocket Pond, Ryoshi, and Tech Trench2. #Bone: This is the utility token of the Shiba Inu ecosystem, which can be used for governance and staking. Bone has seen a 12% increase in price in one week, as Shibarium transactions surge3. Shiba Inu’s marketing lead, Lucie, has also called on Robinhood to list Bone on its platform4. #ShibArmy: This is the name of the loyal and passionate community of Shiba Inu supporters, who have been spreading the word and promoting the coin on social media. The Shib Army has also donated to various causes, such as the Manny Pacquiao Foundation, which teamed up with Shiba Inu to revolutionize philanthropy through blockchain5$$$

--

price of Shiba Inu (SHIB) is expected to increase in 2024. The average trading price might be $0.0011159 in 2024which is almost double the current price of $0.0000084 USD2 #BinanceTournament #BTC #safu #Web3Wallet #etf $BTC $ETH $BNB

--

First, let's look at the current situation of SHIB as of November 28, 2023. According to CoinMarketCap¹, SHIB has a price of $0.0000082, a market cap of $4.8 billion, a circulating supply of 589.3 trillion, and a total supply of 1 quadrillion. This means that SHIB would need to increase by a factor of 122,000 to reach $1, which would imply a market cap of $589.3 trillion, or more than 500 times the current global GDP². This is obviously unrealistic and impossible, unless there is a massive hyperinflation of fiat currencies or a drastic reduction of SHIB supply. One way to reduce the supply of SHIB is to burn some tokens, which means to permanently remove them from circulation. This would increase the scarcity and value of the remaining tokens, as well as the confidence and loyalty of the holders. SHIB has already experienced some token burns in the past, such as when the co-founder of Ethereum, Vitalik Buterin, burned 90% of his SHIB holdings (worth about $6.7 billion at the time) in May 2021³, or when the SHIB team burned $25,000 worth of SHIB in August 2021⁴. However, these burns were not enough to significantly affect the price of SHIB, as the supply is still too large. To estimate how much SHIB would need to be burned to reach $1, we can use a simple formula: `Price = Market Cap / Supply` Assuming that the market cap of SHIB remains constant at $4.8 billion, and that the price target is $1, we can solve for the supply: `Supply = Market Cap / Price = $4.8 billion / $1 = 4.8 billion` This means that SHIB would need to burn 99.999% of its current circulating supply, or 589.3 trillion - 4.8 billion = 589.2952 trillion tokens, to reach $1. This is equivalent to burning $4.8 billion worth of SHIB at the current price. This is a very extreme and unlikely scenario, as it would require a huge amount of resources, coordination, and consensus among the SHIB community, as well as the risk of losing the network effect and popularity of SHIB. #BinanceTournament #BTC #safu #etf $BTC $ETH $BNB #Web3Wallet

--

Latest News

Crypto Market Cap Falls to $2.357 Trillion with 4% Drop in 24 Hours

--

Binance Co-founder Yi He Emphasizes Transparency in Listing and Airdrop Rules

--

BNB Drops Below 550 USDT with a 2.47% Decrease in 24 Hours

--

Next Week’s Macro Outlook: Fed Decision and U.S. Election as Potential Crypto Market Catalysts

--

JPMorgan Predicts Gold Price Stability Amid US Election Uncertainty

--

Cookie Preferences

ba-one-trust-cookie