IF YOU HOLD 10,000,000 SHIB YOU MUST SEE THIS - SHIBA PRICE PREDICTION
If you're among the many investors holding 10,000,000 SHIB, the current market dynamics and future price predictions are crucial for your portfolio. Shiba Inu, known for its volatile price movements, has recently seen a significant shift.
Currently, the price stands at around 2,846 units, marking a 14% decrease in the last 24 hours. Despite this dip, the token holds a substantial market cap of over $16.4 billion, ranking it 11th globally.
What does holding 10,000,000 SHIB mean for you? With the current price, market analysys and recent developments suggest a potential for rebound and growth.
Future predictions vary, but many analysts are optimistic. If SHIB recovers to its previous high, your holdings could significantly increase in value. For instance, a return to the 3,500-unit price level would raise the value of your 10,000,000 SHIB to $35,000. Some analysts project even higher peaks, with potential increases up to 5,000 units per SHIB in upcoming bullish scenarios. This would make your holdings worth $50,000, highlighting the importance of market trends and ecosystem developments for your investment.
Recent developments, like the SH Name Service and new expression standards, add to the ecosystem's value and could drive up SHIB's price. Wall Street analysts, like Lendon Jones, have noted SHIB's outperformance compared to Bitcoin in the current market, indicating a growing interest and potential for further gains.
In conclusion, holding 10,000,000 SHIB in the current market carries risks but also potential rewards. Price predictions suggest a possible increase, making it crucial for holders to stay informed and consider market trends. Remember, these predictions are speculative, and investing in cryptocurrency involves risks. Always conduct thorough research and consider your financial situation before making investment decisions

SHIBA INU
What is it?

Shiba Inu (SHIB) is a cryptocurrency, also known as memecoin, created in August 2020 on the Ethereum network. Inspired by the Shiba Inu dog breed, SHIB has become popular for its fun design and strong online community.

Who created?

SHIB was created by an anonymous individual or group known as Ryoshi. The creator(s) chose to remain anonymous, but defined the project as an "experiment in building a spontaneous decentralized community."

Characteristics:

ERC-20 Token: follows the technical standard of the Ethereum network, allowing easy integration with compatible exchanges and wallets.
Total supply: 1 quadrillion coins, with half burned in a liquidity pool and the other half donated to Ethereum co-founder Vitalik Buterin.
Expanding ecosystem: includes ShibaSwap (decentralized exchange), Shibarium (Layer 2 blockchain), Shiba Incubator and Shiba Inu NFTs.
Engaged community: known as SHIBArmy, it is active on social media and contributes to the development of the project.
Differences from Dogecoin:

Token burning: part of SHIB was burned, while Dogecoin has infinite supply.
Ecosystem: SHIB has a developing ecosystem, while Dogecoin is primarily focused on being a payment currency.
Value and Investment:

Volatility: like other cryptocurrencies, SHIB has high volatility, with prices fluctuating significantly.
Risks: Investing in cryptocurrencies involves risks, including total loss of capital.
Research: it is essential to research and understand the risks before investing.
Where to buy

Dear investor friends,
The path to the revival of $LUNC and $USTC is promising, even in the face of troll-bot attempts and market swings. After Terra's fall, many faced significant losses, but hope must never be abandoned. Binance, led by Changpeng Zhao (CZ), has been a beacon of hope with the monthly buyback and burn of $LUNC, increasing value while reducing supply. Since 2022, Binance has burned millions of dollars worth of $LUNC, demonstrating continued confidence.
Shorting $LUNC increases volume and temporarily reduces price, allowing Binance to buy back and burn more tokens, benefiting investors in the long run. Currently, the supply of USTC is 8.96 billion tokens, and its past market cap suggests that a return to the $1 per token value is viable.
Re-fixing the USTC would create additional demand, making it possible to include it in contracts again. A reworked algorithm would allow the burning of $LUNC to mint USTC, drastically reducing LUNC reserves and stabilizing the market.
Despite the recent drop following the $4.6 billion fine imposed on TerraLabs, this is an opportunity for new investors. With TerraLabs committed to burning $LUNC and $USTC, supply will decrease and prices will increase. Buy $LUNC at low prices and remain patient as recovery is possible and within our reach.
Trust the process, seek knowledge and remain calm. The revival of $LUNC and $USTC is not just a hope, but a real possibility. If Binance believes in us, we should too.

After the cort (between Terra and SEC) CEO of TFL Chris Amani did post his statement about Terra and $LUNA on June 12

He said that Evan Docs will post a community proposal to burn all of TFLs unvested Luna and everything left in their wallets including $LUNC , $USTC and etc. will be burned by TFL 🔥

However, there occuer a question that how much LUNC and USTC will be burned 🤔

Because we don't know yet that how much LUNC and USTC they can burn 👀

🔥🔥🔥🔥Shiba Inu (SHIB) burns above 3000%

Shiba Inu burns over 3000% as of June 12, 2024. The 24-hour burn consumed around 232 million SHIB tokens. The burn rate increased by 3010.53% to erase 232.64 million tokens, according to Shibburn. The action boosts $SHIB's market price.

Three wallets stood out from the latest fire incident because community members contributed. The first wallet sent 225.63 million SHIB tokens to a defunct wallet. The other two wallets sent 3.18 and 1.69 million tokens. Moving tokens from a live wallet to a dead wallet reduces supply. Obviously, burning entailed numerous transactions.

It has not affected SHIB in 24 hours. The token is down 1.23% as of this writing. After 7 days and 30 days, it fell 15.82% and 1.78%, respectively. Market cap down 1.21%, 24-hour trading volume up 27.58%, topping $769,770,000. Current market cap is above $12 billion.

A token burning event generally boosts token value. This is new for SHIB. Since meme coin projections are optimistic, effects may appear later.

It should be worth $0.00002790 in 5 days and $0.00007004 in 30. A 226.25% increase from the present value would be a tremendous monthly leap. The Fear & Greed Index is 72 points below Greed, indicating pessimistic emotion. The 14-day RSI is 41.31, and volatility is 4.5%. In order, the 50-day and 200-day SMAs are $0.00002443 and $0.00001796, respectively.

Despite negative attitudes, SHIB cannot be written off at any moment. The dog-themed meme currency ranks 11th in cryptocurrencies and 2nd in meme coins by market valuation. Shiba Inu wants to host an ETF and dethrone Dogecoin ($DOGE).

A burn rate of 3000% is promising yet implies reducing supply to boost token value. Burning tokens is common in crypto, but it's still a factor.

Huge Win
Shiba Inu ($SHIB) is rising. Research and risk evaluation are still advised before investing in SHIB or other cryptocurrencies.

#altcoins #SHIB $SHIB

TerraForm Refuses to Pay SEC Fine.

According to Fortune, Terraform Labs and its founder Do Kwon are not planning to pay the $4.47 billion fine imposed by the U.S. Securities and Exchange Commission (SEC).

Terraform Labs has gone bankrupt and has little money left, and it's unclear whether Kwon has the $204 million he owes according to the court ruling, or if he will ever appear in that jurisdiction.

It is noted that "the regulator may ultimately only get a portion of the fine, if it gets anything at all." In any case, Gary Gensler will be dancing in court, intending to issue a press release about the billions of dollars TerraForm "will pay."

Meanwhile, today the court approved a settlement between Terraform Labs, Do Kwon, and the SEC. According to the agreement, Terraform will pay nearly $3.6 billion in restitution, $420 million in civil penalties, and about $467 million in prejudgment interest.

Terraform must make the first payment no later than 30 days after the approval of the agreement.
Remember, on June 13, the SEC reached a settlement with TerraForm, obligating the company to pay a $4.47 billion fine.

It seems that the SEC could have specified any amount for the fine, and TerraForm could have agreed to any amount, because a bankrupt company cannot pay more than the value of its "remaining" assets.

Currently, the price of $LUNC is $0.00009828, while $USTC is trading at $0.01937 and $LUNA at $0.5291.