$SHIB's big move: destroying 99%, will it bring wealth or destruction?

SHIB, a cryptocurrency that became popular due to jokes, is now a big player with a market value of 15 billion US dollars! And its token destruction speed is like a cheat. It has increased by 6220% in a few days. Hundreds of trillions of tokens have disappeared. Now there are only more than 50 trillion in circulation in the market.

Everyone is discussing whether SHIB can reach 1 US dollar in one go if it really destroys 99% of its tokens? Or will it destroy the entire ecosystem?

SHIB's developer Shytoshi Kusama is quite calm about this. He said that it is technically possible to do so, but destroying tokens alone is not enough. It also depends on other projects in the Shiba Inu ecosystem, such as DeFi, to help.

However, he also warned that the destruction of tokens should be slow, otherwise the risk will be great. If the burning is too fierce, the price of SHIB rises too high, and buyers are scared away, then the speed of destruction will have to slow down, and the development of SHIB will be blocked. So we have to find a balance point so that destruction and other efforts can work.

Now the price of SHIB is still rising, and experts are optimistic. Technical analysis says that as long as a certain key position is broken, the price may rise to $0.000045. However, to reach the peak of $1, the SHIB community must work hard on destroying tokens and improving projects to find the perfect balance point.

What will the future of SHIB be like? Will it make us rich overnight, or will it plunge the entire ecosystem into disaster? Let's wait and see how this great revolution in cryptocurrency will develop!

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