$SHIB will destroy 99% of tokens and this is the first time ever!
The Shiba Inu (柴犬倸) is aiming to become a leader in the world of cryptocurrencies! Due to the destruction of 99% of the tokens, $SHIB is ready for big achievements, its value should soar! Next, I will tell you about this sensational event!
What effect does this have on $SHIB?
1️⃣ Rarity is treasure: When the supply decreases by 99%, the Shiba Inu will become rare, demand may increase, and the price will go up.
2️⃣ Investors paid attention: institutional and private investors are closely monitoring the situation, the decrease in supply makes this token even more attractive.
3️⃣ From popularity to power player: This token destruction means the Shiba Inu has gone from a popular token to a strong competitor, laying the foundation for long-term growth.
Why was this moment chosen?
• Countering inflation: reducing supply to prevent prices from falling, stabilizing the position.
• Great potential for growth: The lower the supply, the greater the likelihood of future price increases.
• Building a good reputation: This move shows the intention of the Shiba Inu team to make it a sustainable digital asset.
What is the impact on the price of SHIB?
