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Mumtaz Ali
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How many years would it take to remove #shiba-inu: 99% of the supply if 1 billion tokens were burned every day? If 1 billion tokens were removed from circulation per day, 365 billion tokens would be sent to dead wallets. SHIB has a circulating supply of 549 trillion tokens. Burning 1 billion per day will not help to exhaust 99% of its supply in our lifetime. Considering that it has 549 trillion tokens in circulation, it could take 547,500 days to burn through 99% of its supply. To further expand, 547,500 days of burning 1 billion SHIB each day equals 1,500 years.
So, if Shiba Inu burned 1 billion tokens every day, it would take 1,500 years to remove 99% of its circulating supply. If 99% of its circulating supply were removed, there would only be 5.4 trillion tokens left in the markets.
$shiba
#shiba-inu:
So, if Shiba Inu burned 1 billion tokens every day, it would take 1,500 years to remove 99% of its circulating supply. If 99% of its circulating supply were removed, there would only be 5.4 trillion tokens left in the markets.
$shiba
#shiba-inu:
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Saudi Arabia has planned a $40 billion AI investment fund.
According to PANews, Saudi Arabia has announced plans to establish a $40 billion investment fund focused on the field of artificial intelligence (AI). The fund will target AI-related startups, chip manufacturers, and expanding data centers. Saudi Arabia's strategic plan is expected to be implemented in the second half of 2024. If successfully established, the fund will make Saudi Arabia one of the largest AI investors in the world.
In addition, Saudi Arabia's sovereign wealth fund, PIF, is considering setting up an office in Silicon Valley in collaboration with renowned venture capital firm Andressen Horowitz. The initiative aims to facilitate better operations by investing in technology innovation hubs.
According to PANews, Saudi Arabia has announced plans to establish a $40 billion investment fund focused on the field of artificial intelligence (AI). The fund will target AI-related startups, chip manufacturers, and expanding data centers. Saudi Arabia's strategic plan is expected to be implemented in the second half of 2024. If successfully established, the fund will make Saudi Arabia one of the largest AI investors in the world.
In addition, Saudi Arabia's sovereign wealth fund, PIF, is considering setting up an office in Silicon Valley in collaboration with renowned venture capital firm Andressen Horowitz. The initiative aims to facilitate better operations by investing in technology innovation hubs.
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$SHIB $#shiba
Shiba Inu's price is expected to rise due to the development of the burning program and the Shabirim network.
According to CryptoPotato, Shiba Inu analysts remain optimistic about the cryptocurrency's future, expecting new peaks from the asset burn program and developments in the Shiberium network. Shiba Inu's price rose nearly 9% this week after several weeks of trading on the downside. Several analysts predict major rallies in the near future.
Crypto investor and trader SHIB KNIGHT, analyzing Shiba Inu's weekly performance, said that the token has crossed a key resistance level. The analyst believes that people have been hoarding SHIB lately, and if they continue buying at the same pace, the prices could reach new highs.
#ShibaInuSurge
Shiba
Shiba Inu's price is expected to rise due to the development of the burning program and the Shabirim network.
According to CryptoPotato, Shiba Inu analysts remain optimistic about the cryptocurrency's future, expecting new peaks from the asset burn program and developments in the Shiberium network. Shiba Inu's price rose nearly 9% this week after several weeks of trading on the downside. Several analysts predict major rallies in the near future.
Crypto investor and trader SHIB KNIGHT, analyzing Shiba Inu's weekly performance, said that the token has crossed a key resistance level. The analyst believes that people have been hoarding SHIB lately, and if they continue buying at the same pace, the prices could reach new highs.
#ShibaInuSurge
Shiba
Will Floki reach $1 dollar?
Will Floki Inu reach $1 dollar? The total supply of FLOKI tokens is 10 trillion, meaning that for FLOKI to reach $1 per coin, the entire project would have a market capitalization of $10 trillion. As the digital asset market is only worth over $1 trillion, it is highly unlikely that FLOKI will hit $1.
$FLOKI $SHIB $PEPE
Will Floki Inu reach $1 dollar? The total supply of FLOKI tokens is 10 trillion, meaning that for FLOKI to reach $1 per coin, the entire project would have a market capitalization of $10 trillion. As the digital asset market is only worth over $1 trillion, it is highly unlikely that FLOKI will hit $1.
$FLOKI $SHIB $PEPE
People also ask
Is floki a good coin to buy?
According to our technical indicators, the current sentiment is Bullish while the Fear & Greed dex is showing 75 (Greed). Floki Inu recorded 21/30 (70%) green days with 71.08% price volatility over the last 30 days. Based on our Floki Inu forecast, it's now a good time to buy Floki Inu.$FLOKI
#FLOKİ
Is floki a good coin to buy?
According to our technical indicators, the current sentiment is Bullish while the Fear & Greed dex is showing 75 (Greed). Floki Inu recorded 21/30 (70%) green days with 71.08% price volatility over the last 30 days. Based on our Floki Inu forecast, it's now a good time to buy Floki Inu.$FLOKI
#FLOKİ
$SHIB #SHİBA Shiba Inu (SHIB): Market Resilience Explored
Just a week ago, Shiba Inu's (SHIB) MVRV ratio, a key metric that compares market capitalization with realized capitalization, stood at a modest 0.5. This indicated that the average SHIB was being held at a price lower than the market value – a sign of potential undervaluation or wavering investor confidence. However, this ratio has now escalated to an impressive 1.29, signaling a substantial change. This leap pointed to a more than doubling in the value perceived by SHIB holders, reflecting a strong bullish sentiment and possibly an increase in speculative interest.
Shiba Inu (SIB) is currently trading between the support level of $0.00002154 and the resistance level of $0.00004729.
Source: TradingView
The EMAs for 10, 50, and 200 days are closely aligned around $0.0000366, suggesting a period of consolidation.
The RSI at 42.6 leans towards neither overbought nor oversold conditions, indicating a balanced market sentiment.
The ADX at a low 13.1 suggests a lack of strong trend direction, and the MACD hovering near zero could indicate indecision in the market.
However, the Stochastic %K, currently at 11.5, and the CCI at -104.4 both signal a potential oversold situation.
Coupled with the Momentum at -0.00000035, these indicators suggest that SHIB is in a critical phase, potentially on the brink of a decisive move.
Shiba Inu (SHIB) Price Prediction
In terms of bullish and bearish scenarios, the recent news that 58.31% of SHIB's total supply is held by top addresses – a slight decrease from 59.55% – hints at stability in top holder confidence, which could be a bullish sign. Furthermore, the In/Out of Money Around Price (IOMAP) data shows that most holders are 'In the Money' at the current level, potentially providing strong support.
In a bullish scenario, overcoming $0.00004729 by Shiba Inu (SHIB) could open the path towards $0.00005939 and $0.00008514. Conversely, a bearish turn might see SHIB retesting $0.00002154, and if broken, moving towards $0.00000789.
Just a week ago, Shiba Inu's (SHIB) MVRV ratio, a key metric that compares market capitalization with realized capitalization, stood at a modest 0.5. This indicated that the average SHIB was being held at a price lower than the market value – a sign of potential undervaluation or wavering investor confidence. However, this ratio has now escalated to an impressive 1.29, signaling a substantial change. This leap pointed to a more than doubling in the value perceived by SHIB holders, reflecting a strong bullish sentiment and possibly an increase in speculative interest.
Shiba Inu (SIB) is currently trading between the support level of $0.00002154 and the resistance level of $0.00004729.
Source: TradingView
The EMAs for 10, 50, and 200 days are closely aligned around $0.0000366, suggesting a period of consolidation.
The RSI at 42.6 leans towards neither overbought nor oversold conditions, indicating a balanced market sentiment.
The ADX at a low 13.1 suggests a lack of strong trend direction, and the MACD hovering near zero could indicate indecision in the market.
However, the Stochastic %K, currently at 11.5, and the CCI at -104.4 both signal a potential oversold situation.
Coupled with the Momentum at -0.00000035, these indicators suggest that SHIB is in a critical phase, potentially on the brink of a decisive move.
Shiba Inu (SHIB) Price Prediction
In terms of bullish and bearish scenarios, the recent news that 58.31% of SHIB's total supply is held by top addresses – a slight decrease from 59.55% – hints at stability in top holder confidence, which could be a bullish sign. Furthermore, the In/Out of Money Around Price (IOMAP) data shows that most holders are 'In the Money' at the current level, potentially providing strong support.
In a bullish scenario, overcoming $0.00004729 by Shiba Inu (SHIB) could open the path towards $0.00005939 and $0.00008514. Conversely, a bearish turn might see SHIB retesting $0.00002154, and if broken, moving towards $0.00000789.
$PEPE Pepe (PEPE): A Deep Dive Into Its Market Breakthrough
Pepe (PEPE) experienced a significant upsurge that was rooted in the trading activity of six influential wallets. They offloaded around 2 trillion PEPE tokens, translating to sales nearing $4.37 million. This underscored the growing momentum behind Pepe (PEPE) after it had reached a new all-time high of $0.00000858 on March 5. With the overall cryptocurrency market showing positive trends in the past month, PEPE has not been an outlier. Its current market capitalization stands at an impressive $3.36 billion, with a total coin supply of 420.69 trillion.
Pepe (PEPE) experienced a significant upsurge that was rooted in the trading activity of six influential wallets. They offloaded around 2 trillion PEPE tokens, translating to sales nearing $4.37 million. This underscored the growing momentum behind Pepe (PEPE) after it had reached a new all-time high of $0.00000858 on March 5. With the overall cryptocurrency market showing positive trends in the past month, PEPE has not been an outlier. Its current market capitalization stands at an impressive $3.36 billion, with a total coin supply of 420.69 trillion.
Dogecoin (DOGE): A Closer Look At The Recent Market Rally
Dogecoin's (DOGE) recent rally brought its price to a 3-year peak. This surge in value coincided with significant activity from whale investors as revealed by on-chain data. According to Santiment's analysis, there was a noticeable increase in the holdings of whale wallets, with balances growing from 53.41 billion DOGE to 54.75 billion DOGE in just a week. This accumulation, totaling approximately $250 million worth of DOGE, underscored a strong bullish sentiment among major stakeholders.
The overtaking of Cardano in market capitalization briefly added an interesting dimension to Dogecoin's (DOGE) market behavior, indicating a broader interest in meme coins, but also necessitated caution given the volatile nature of the crypto market.
Dogecoin's (DOGE) recent rally brought its price to a 3-year peak. This surge in value coincided with significant activity from whale investors as revealed by on-chain data. According to Santiment's analysis, there was a noticeable increase in the holdings of whale wallets, with balances growing from 53.41 billion DOGE to 54.75 billion DOGE in just a week. This accumulation, totaling approximately $250 million worth of DOGE, underscored a strong bullish sentiment among major stakeholders.
The overtaking of Cardano in market capitalization briefly added an interesting dimension to Dogecoin's (DOGE) market behavior, indicating a broader interest in meme coins, but also necessitated caution given the volatile nature of the crypto market.
Timing is Everything
Just as timing was crucial for Bitcoin investors, the same applies to Retik Finance. Getting in at $0.06 could be a once-in-a-lifetime opportunity, akin to catching Bitcoin in its nascent stage. The growth potential can be significant if Retik Finance follows a trajectory similar to Bitcoin.
Just as timing was crucial for Bitcoin investors, the same applies to Retik Finance. Getting in at $0.06 could be a once-in-a-lifetime opportunity, akin to catching Bitcoin in its nascent stage. The growth potential can be significant if Retik Finance follows a trajectory similar to Bitcoin.
Investors Rush As Retik Finance (RETIK) Presale Stage 3 Now Sold Out
The decentralised finance (DeFi) sector has seen an influx of innovative projects, but Retik Finance (RETIK) has emerged as one of the top contenders. It has garnered significant attention due to its ambitious vision and outstanding presale performance.
The $RETIK token has raised close to $4 million in just three stages of its presale. This demonstrates a high level of investor confidence in its ability to bridge the gap between traditional finance and the world of cryptocurrency.
This article provides an in-depth overview of the Retik Finance ecosystem, delving into its presale success and examining why investors are rushing into this promising venture.
#BTC $BTC #ai
The decentralised finance (DeFi) sector has seen an influx of innovative projects, but Retik Finance (RETIK) has emerged as one of the top contenders. It has garnered significant attention due to its ambitious vision and outstanding presale performance.
The $RETIK token has raised close to $4 million in just three stages of its presale. This demonstrates a high level of investor confidence in its ability to bridge the gap between traditional finance and the world of cryptocurrency.
This article provides an in-depth overview of the Retik Finance ecosystem, delving into its presale success and examining why investors are rushing into this promising venture.
#BTC $BTC #ai
Retik Finance (RETIK): A Series of Presale on Fast Forward
Retik Finance’s hotly anticipated presale began on December 6th, 2023, introducing its native token, $RETIK, at an initial price of $0.03 per unit. The price has since risen to $0.04, $0.05, and now $0.06 in its current Stage 4. The market response has been nothing short of incredible.
#BTC
Retik Finance’s hotly anticipated presale began on December 6th, 2023, introducing its native token, $RETIK, at an initial price of $0.03 per unit. The price has since risen to $0.04, $0.05, and now $0.06 in its current Stage 4. The market response has been nothing short of incredible.
#BTC
What is burbing crypto?
“Burning” crypto means permanently removing a number of tokens from circulation.
The motivation is often to increase the value of the remaining tokens since assets tend to rise in price whenever the circulating supply falls and they become more scarce.
Burning tokens can also benefit those staking tokens to validate transactions in a proof-of-stake protocol. When a large chunk of tokens are removed from circulation, there’s a likely chance they’ll receive a higher U.S. dollar value from their staking rewards.
#ShibaInuSurge #SHIBFuture
“Burning” crypto means permanently removing a number of tokens from circulation.
The motivation is often to increase the value of the remaining tokens since assets tend to rise in price whenever the circulating supply falls and they become more scarce.
Burning tokens can also benefit those staking tokens to validate transactions in a proof-of-stake protocol. When a large chunk of tokens are removed from circulation, there’s a likely chance they’ll receive a higher U.S. dollar value from their staking rewards.
#ShibaInuSurge #SHIBFuture
SHIBA INU’s price today is US$0.00001062, with a 24-hour trading volume of $831.66 M. SHIB is +4.59% in the last 24 hours. It is currently -10.89% from its 7-day all-time high of $0.00001192, and 15.78% from its 7-day all-time low of $0.000009172. SHIB has a circulating supply of 589,317.8 B SHIB.$BTC #ShibaInuSurge #shibaburn $SHIB $PEPE