๐ Shiba Inu Price Eyes 76% Rally as 6.8 Million SHIB Tokens Burned
Take advantage of the market rally...
Shiba Inu price has underperformed other popular meme coins in recent days. SHIB is trading at $0.000026 on Monday, where it has been stuck since November 10, as investors anticipate further upside as the burn rate recovers.
๐ธ Shiba Inu Price Likely to Surge 76% as 6.8 Million SHIBs Burned A possible catalyst for SHIBโs price is that the number of coins in circulation continues to fall, aided by robust token burns. Data from Shiburn shows that the number of such burns has increased by 40% in the last 24 hours to 4.85 million. Therefore, the number of Shiba Inu tokens has continued to fall from the original 999 trillion to 410 trillion, a number that will continue to fall in the future.
Token burns are when SHIB coins are moved to an inaccessible wallet, either voluntarily or due to ecosystem fees, to be removed from the circulating supply forever.
These token burns help create value for existing tokens by reducing the number of coins in circulation. It is often compared to when a company executes a share buyback program, which in turn increases earnings per share.
Some of the major players in this ecosystem are ShibaSwap and Shibarium. ShibaSwap is a decentralized DEX network where people exchange tokens, while Shibarium is a layer-2 network that has completed over 500 million transactions. Data on its website shows that ShibaSwapโs volume jumped to $75 million this month, the highest level since March.
Shiba Inuโs price has underperformed other popular meme coins in recent days. SHIB is trading at $0.000026 on Monday, where it has been stuck since November 10, as investors anticipate further upside as the burn rate recovers.
As someone who is not addicted to a boring and DRY game, I have peace of mind to even dream of a mere 100 thousand.
I ask Binance to at least pay something fair and considerable in this airdrop...
Let's be honest, the game is boring and users are in agreement that it should have been paid by now.
So why do people keep playing?
It's simple, it can be summed up in one word:
"Free Time"
Personally, I've already reached my goal of having 200K in this game, I believe I can get the desired amount with this number, everything that comes from now on is profit. So let's be patient and see what will come ๐
For those who followed this profile and finally believed in our little dog, congratulations!
Now, for the still unlucky ones, tsk tsk tsk...
After a few days, $60 TRILLION OF SHIB BURNED โ YOUR GOLDEN TICKET TO MASSIVE PROFITS KAKAAK
This monumental burn could create a supply shock, paving the way for explosive price growth. Let's break it down:
๐ฅ Why This SHIB Burn Is Important
1๏ธโฃ SUPPLY SHOCK RELEASED $60 trillion of SHIB wiped out of existence = massive reduction in circulating supply. Less SHIB available = higher demand and price potential!
2๏ธโฃ PROFITABLE OPPORTUNITY This burn enhances SHIBโs value proposition, setting the stage for a bull market.
Whether youโre a holder or a trader, now is the time to position yourself for explosive gains!
๐ How a SHIB Burn Could Trigger a Bull Market: ๐น Scarcity = Value: Reduced supply makes SHIB rarer and more attractive to investors. ๐น Mainstream Appeal: Institutional investors may see SHIB as the next high-growth opportunity. ๐น Market Momentum: Positive sentiment and SHIBโs burn strategy are fueling anticipation for a potential rally.
๐ฅ Can $SHIB Hit $0.01? Hereโs What Analysts Say: ๐ธ Consistent burns like this are driving predictions of $0.01 or more! ๐ธ With steady demand and more burns on the horizon, early adopters could see massive profits.
โ How to Capitalize on SHIB Momentum โก Watch the Price Action: This is your chance to catch SHIB before it takes off. โก Plan Your Strategy: Set smart entry and exit points to maximize gains. โก Act Fast: Burns like this are signals for both long-term investors and short-term traders!
A large whale investor has accumulated 10% of the total SHIB supply, valued at approximately $2.5 billion. This massive holding has raised concerns among investors and questions about the potential impact on the market.๐คฃ๐คฃ๐
The Whaleโs Influence: A Double-Edged Sword
The presence of such a large investor can have both positive and negative effects:
Pros: - Market stability and confidence - Potential price increase
Cons: - Market manipulation and volatility - Concentration of supply in the hands of one investor
Implications for SHIB Holders: A Call to Action
The emergence of this massive whale investor serves as a reminder to SHIB holders to: - Remain vigilant and informed - Stay up to date on market developments - Adjust investment strategies accordingly - Promote decentralization and avoid market manipulation
The Future of SHIB: Uncertainty and Opportunity...
๐ฅ๐ฅ Why Top Investors Are Betting Shiba Inu Will Hit $0.50 Soon!
In a bold statement on X (formerly Twitter), prominent investor Carl announced that he will not sell his Shiba Inu (SHIB) holdings until the token hits an impressive $0.50โa 1,967,629% increase. His unwavering optimism is fueled by SHIBโs explosive growth in 2021, which has captured attention across the crypto world.
Could SHIB replicate its historic rally and reach this ambitious milestone?
Investors are keeping a close eye on this meme coinโs journey to the top. ๐ฅ The Power and Promise of Web3 Social Networks Web3 social networks represent the future of digital engagement, leveraging blockchain technology to create decentralized, user-centric platforms. Unlike traditional social media controlled by corporate giants, these networks empower users by granting them ownership of their data and content, as well as direct monetization opportunities through tokenization and smart contracts.
Key Advantages of Web3 Social Platforms: 1. Data Sovereignty: Users retain full control over their personal information, deciding how it is shared or monetized. This reduces the risks of data breaches and misuse by companies. 2. Censorship Resistance: Freedom of expression thrives as these platforms eliminate central authorities that could suppress content. 3. Direct Monetization: With integrated cryptocurrencies and NFTs, creators can earn revenue without relying on intermediaries, benefiting artists, influencers, and content creators.
๐ The Future of Web3 Social Networks The potential of Web3 social networks is vast, with their ability to disrupt traditional platforms by offering fairer economic models, greater user trust, and transparency.
Look at the memecoins that are currently a reference in the market. We have great examples: Pepe, Doge, DogWifhat, Bonk, Shiba and others... The point is, SHIB is the only one among the others that has not yet broken its all-time high.
This shows a large margin between its current price and the potential that a memecoin can achieve when compared to the growth of the others. It is a matter of time for Bitcoin's next record, leading memecoins to stars ๐๐๐๐๐๐๐ Soon, whales will move large amounts of SHIBA at its discounted price.
Don't miss this opportunity and start buying before the crypto is liquidated.
Good afternoon everyone! I'm just here to show you that I have a higher diamond profit per hour than you do ๐๐ป I wish you all a great Sunday ๐๐ป
Seriously, I hope Binance pays me more than 100 bucks in crypto. The Airdrop is already saturated and people are just waiting to get paid so they can move on.
Now that I've said that, I can sleep with a clear conscience now hahaha
As much as the project has disappointed the community, I confess that I have free time to make a bet on this second season hahaha
There comes a point where the airdrop becomes routine for the miners who participate in the project. Who knows, maybe we won't be rewarded this season...
Tell me, for those who continued on Hamster Kombat ๐น
New update on Moonbix ๐๐๐ Don't waste time and enjoy this new season of the game! Moonbix is โโan airdrop partnered with Binance and Telegram, which promises to be one of the biggest projects of this end-of-year season. Enjoy the new missions with this update and farm your cryptos until the end of the airdrop ๐
*๐๐๐ โโ๐๐ก๐ก ๐๐๐ซ๐ ๐ฉ๐๐ ๐๐ฃ๐ ๐๐ฃ๐ค๐ฉ ๐ฉ๐ค ๐๐๐ฎ-๐ฉ๐ค-๐๐๐ฎ ๐ฉ๐ค ๐ข๐๐ ๐ ๐ฎ๐ค๐ช๐ง ๐๐๐ฎ-๐ฉ๐ค-๐๐๐ฎ ... ๐๐ ๐๐ก๐ก ๐๐๐ซ๐ ๐๐ฃ๐ ๐๐ฃ๐ค๐ฉ๐๐๐ง ๐ฉ๐ค ๐ข๐๐ ๐ ๐ฎ๐ค๐ช๐ง ๐๐๐ฎ-๐ฉ๐ค-๐๐๐ฎ ๐ก๐๐๐ ๐๐๐จ๐๐๐ง โThe new Fiscal Framework, implemented in 2023 by the government of Luiz Inรกcio Lula da Silva, promised to be a flexible and modern solution to balance public accounts and guarantee the investments necessary for the country's development. However, since its approval, strong criticism has emerged regarding its effectiveness, as public debt has continued to grow, the government has shown no signs of spending restraint, and Brazilian citizens, instead of receiving concrete benefits, have found themselves burdened with higher taxes and little or no improvement in public services.
Don't miss this new opportunity with the airdrop and start farming in the game. New missions, more rewards, more tokens ๐ค.
If you haven't started playing yet, there's still time. Game link: https://t.me/Binance_Moonbix_bot/start?startApp=ref_1817703753&startapp=ref_1817703753&utm_medium=web_share_copy
๐ด Potential Listing Timeline: There is speculation about a Binance listing for $MBIX, potentially in Q4 2024 or early 2025. However, no official confirmation has been made by Binance or the Moonbix team as of yet.
โซ๏ธ If you missed the airdrop, there is still time to take advantage and profit from the project. Many regretted not taking advantage of the HMST token. It concerns the opportunity to be rewarded even more with MBIX ๐ค
Airdrop link if you haven't entered yet: https://t.me/Binance_Moonbix_bot/start?startApp=ref_1817703753&startapp=ref_1817703753&utm_medium=web_share_copy