🚨 SHOCKING REVELATION: Will Burning 99% of $SHIB Send Its Price to $1,507,179,420,32 or Ruin Its Future? 🚨
Shiba Inu ($SHIB), once considered just another meme coin, is now becoming a serious player in the cryptocurrency world. With a $15 billion market cap and an incredible 6,220% increase in burn rate, the project is getting everyone’s attention. But the big question remains: Will burning 99% of SHIB’s supply push it to $1, or could it destroy the ecosystem?
Here’s what lead developer Shytoshi Kusama has to say.
💥 Can Burning 99% of $SHIB Take It to $1,507,179,42032?
The Shiba Inu burn spree is making headlines:
410 trillion tokens burned, leaving 541 trillion in circulation out of the original 999 trillion. Recently, the burn rate has skyrocketed, sparking excitement in the community.
But Shytoshi Kusama has addressed speculation that a 99% burn could propel SHIB to $1. His take?
“It’s not just about burning tokens,” Kusama stressed. While technically possible, burning alone is not enough to reach $1. Instead, a combination of ecosystem growth and strategic burns is essential for sustainable price gains.
⚠️ The Dangers of Burning Too Much, Too Fast
Kusama issued a critical warning:
Expensive tokens, slow burns: If SHIB’s price skyrockets, fewer people may buy, making future burns more difficult. Ecosystem Damage: Overburning could destabilize SHIB’s growth, hurting its adoption and utility.
This highlights the need for a balance between burns and ecosystem development.
🔥 Shibarium: A Game Changer for $SHIB
The Shibarium Layer 2 solution is one of Shiba Inu’s most promising innovations:
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