$SHIB In the last 24 hours, over 1.3 billion Shiba Inu tok | miki 13 en Binance Square

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$SHIB 
In the last 24 hours, over 1.3 billion Shiba Inu tokens were burned, worth approximately $32,155. This occurred across 14 major transactions, including three where more than 100 million SHIB were burned in each​​​​.
#MarketDownturn #shiba⚡ #SHIB، #SHIBARMY. #ShibaCoin 

Aviso legal: Se incluyen opiniones de terceros. Esto no representa una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.

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$SHIB Currently, there are no new updates about Shiba Inu. The burn rates are no longer as high as before, and there is noticeable stagnation. What could be the reason for this? #MarketDownturn #shiba⚡ #SHIB، #Shibainuholder #ShibaCoin

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$SHIB this could be a good time for burning large amounts of Shiba Inu if the market is showing an upward trend. Large-scale burning can help reduce the supply and potentially increase the value of the remaining coins, especially if there is strong interest from the community and investors. It’s important to keep track of burning news and its impact on the market before making any investment decisions. #SHIBARMY. #ShibaCoin #shiba⚡ #SHIB، #MarketDownturn

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$SHIB $SHIB Yes, it seems that the burning of Shiba Inu is more symbolic than an actual significant reduction in the circulating supply. While the community and developers occasionally burn trillions of tokens, the real effect on the total supply and the circulating amount isn't substantial enough to have an immediate and major impact on the coin's value in the short term. Daily burns of millions or tens of millions of tokens are part of an ongoing strategy to reduce supply. However, substantial impacts on the market would require far larger burns, which hasn't been seen on a large scale yet. #MarketDownturn #shiba⚡ #Shine_bright_Like_aBinance #SHIB،

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$SHIB $SHIB Can Shiba Inu reach $1? To achieve the $1 price target for Shiba Inu, a significant and rapid burn of the supply might be necessary. By reducing the circulating supply quickly and effectively, it can create upward pressure on demand, potentially driving the price higher. Burning large amounts in a short time frame could lead to a noticeable decrease in supply, which may significantly boost the coin's value. However, reaching this ambitious goal requires continuous support from the community, strong involvement from the development team, and an increase in global adoption. It's important to note that these efforts don't guarantee reaching $1 immediately. It will require a combination of efficient burns, rising deman d, and consistent positive news. Investors should stay informed and proceed with caution while following these strategies. #ShibaInu #bitcoin #Investment #MarketDownturn #shiba⚡

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$SHIB $SHIB Warning About Massive SHIB Burn The Shiba Inu team has issued a warning to its community regarding a significant burn of SHIB that occurred recently. Approximately $100,000 worth of SHIB, equivalent to 5,612,878,479 SHIB, was burned in the past 24 hours, representing a massive increase of 252,910%. This burn is believed to be a tactic to attract attention to the project. Despite this large burn, the SHIB community is urged to remain vigilant. Some projects may adopt similar strategies by burning substantial amounts of SHIB to draw in investments, whether through presales or low-quality tokens. Such incidents are likely to happen again. The team offers several tips for SHIB holders and other cryptocurrency investors: 1. Evaluate Project Goals: It's important to consider the project's objectives beyond the SHIB burns, including checking the team's background, their published roadmap, and the real utility of their token. 2. Review Token Distribution: Be cautious of high percentages allocated to the team or insiders, as this could be a red flag. Additionally, understanding tokenomics and examining the promotion methods used is crucial. Look into the token supply, its liquidity, and the token's structure. Finally, be aware that influencers and large accounts rarely promote projects for free, indicating that paid promotions could affect the project's legitimacy. #BinanceTurns7 #MarketDownturn #BinanceTurns7

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