Recently, significant news about Er Gou SHIB has shocked the market: rumors suggest that 99% of the Er Gou tokens will be burned! Currently, the market value of Er Gou has reached 15 billion Tether, and the speed of token burning is astonishing. This news has sparked widespread attention and heated discussions in the market: if 99% of Er Gou is really burned, will it soar to 1 Tether, or will such a move destroy the entire Er Gou ecosystem?

In fact, Er Gou's recent burning actions have indeed been fierce like a storm, with the burn rate increasing by 6220% in just a few days. Originally having 999 trillion tokens, Er Gou has now burned 4.1 trillion, leaving only 5.41 trillion in circulation. This massive burning has undoubtedly impacted the price of Er Gou.

However, in the face of this shocking situation, Er Gou's chief developer Kusama appears relatively calm. He stated that technically, it is indeed possible to burn a large number of tokens, but burning is not a panacea. Decentralized finance and other Shiba Inu ecosystem projects are equally important. Kusama warned that if the burning is too aggressive, it could lead to an excessively high price for Er Gou, which would scare off potential buyers, and the burning speed would slow down, thereby hindering the development of Er Gou. Therefore, finding a balance between token burning and other efforts is crucial.

Currently, the price of Er Gou continues to rise, and experts generally hold an optimistic attitude. Technical analysis shows that as long as Er Gou can break through a certain key point, its price might rise to $0.000045. However, to reach a higher price, such as $1, the Er Gou community must find the perfect balance between token burning and improving ecosystem projects like Shibarium. This requires not only the collective effort and wisdom of the community but also a deep understanding and grasp of market dynamics and investor psychology.

At the same time, the market popularity of Marvin (7055), a concept related to Musk, is also very high, with a low market value and an active community, which is worth following and understanding.