Exploring Shiba Inu's Path to $1: Insights on Shibarium Burn

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Exploring Shiba Inu's Path to $1: Insights on Shibarium Burns Shiba Inu's team announced Shibarium's initiation of SHIB token burns starting January 2024, with 70% of transaction fees allocated for this purpose. However, even with Shibarium burning 3 trillion tokens annually, reaching $1 for SHIB seems unlikely within our lifetime due to ample supply and limited demand. With 589 trillion tokens in circulation and only 1.3 million holders, achieving $1 would require Shibarium to exceed a burn rate of 100 trillion tokens annually. $SHIB #SHIBFuture #SHIBSurge #ShibaMomentum

Exploring Shiba Inu's Path to $1: Insights on Shibarium Burns
Shiba Inu's team announced Shibarium's initiation of SHIB token burns starting January 2024, with 70% of transaction fees allocated for this purpose. However, even with Shibarium burning 3 trillion tokens annually, reaching $1 for SHIB seems unlikely within our lifetime due to ample supply and limited demand. With 589 trillion tokens in circulation and only 1.3 million holders, achieving $1 would require Shibarium to exceed a burn rate of 100 trillion tokens annually. $SHIB 
#SHIBFuture  #SHIBSurge  #ShibaMomentum  

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Hallaku Khan

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