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Habz
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๐“๐ก๐ž ๐“๐ซ๐ฎ๐ญ๐ก ๐–๐ก๐ฒ $๐’๐‡๐ˆ๐ ๐‚๐š๐ง'๐ญ ๐‡๐ข๐ญ $๐ŸŽ.๐ŸŽ๐Ÿ & ๐๐จ ๐จ๐ง๐ž ๐ˆ๐ฌ ๐“๐ž๐ฅ๐ฅ๐ข๐ง๐  ๐˜๐จ๐ฎ ๐ŸŽ‰ Attention all #SHIBA enthusiasts! Let's dive into the details of the coin distribution to gain a clearer perspective. โœ… There are currently 1000 trillion SHIB(A Inu) coins in circulation. Initially, 500 trillion were allocated to the founder of ETH, who subsequently burned 90% of them and distributed the remaining 10%. This leaves approximately 500 trillion SHIB coins in existence. However, this number poses a significant challenge if we aim to reach a value of 0.01 per coin. ๐Ÿ’ฐ It's important to note that the developers do not possess the majority of the remaining coins, making it impossible to implement large-scale burn initiatives. While they have burned a small fraction (approximately 25,000), it's negligible compared to the vast number of coins in circulation. ๐Ÿ’ฐ In order to potentially decrease the total number of coins and increase their value, individuals may consider strategies such as holding onto their coins (HODLing), participating in staking, or exploring other avenues. However, achieving a significant reduction in the total number of coins, perhaps to 50 trillion or lower, is not a straightforward task. ๐Ÿ”ฅ Suggestions to burn coins, while well-intentioned, may not be feasible without clear mechanisms in place. Moreover, implementing burning strategies requires careful consideration of the impact on users and the overall ecosystem. Perhaps a combination of burning a percentage of coins, burning staking profits, and implementing transaction-based burns could be explored in the future. ๐Ÿ’ก In conclusion, while reducing the total number of coins may be desirable for increasing value, it's essential to approach this goal thoughtfully and consider the broader implications for the #SHIBA๐Ÿ”ฅ community and ecosystem. #SHIBA_INU #HotTrends

๐“๐ก๐ž ๐“๐ซ๐ฎ๐ญ๐ก ๐–๐ก๐ฒ $๐’๐‡๐ˆ๐ ๐‚๐š๐ง'๐ญ ๐‡๐ข๐ญ $๐ŸŽ.๐ŸŽ๐Ÿ & ๐๐จ ๐จ๐ง๐ž ๐ˆ๐ฌ ๐“๐ž๐ฅ๐ฅ๐ข๐ง๐  ๐˜๐จ๐ฎ

๐ŸŽ‰ Attention all #SHIBA enthusiasts! Let's dive into the details of the coin distribution to gain a clearer perspective.

โœ… There are currently 1000 trillion SHIB(A Inu) coins in circulation. Initially, 500 trillion were allocated to the founder of ETH, who subsequently burned 90% of them and distributed the remaining 10%. This leaves approximately 500 trillion SHIB coins in existence. However, this number poses a significant challenge if we aim to reach a value of 0.01 per coin.

๐Ÿ’ฐ It's important to note that the developers do not possess the majority of the remaining coins, making it impossible to implement large-scale burn initiatives. While they have burned a small fraction (approximately 25,000), it's negligible compared to the vast number of coins in circulation.

๐Ÿ’ฐ In order to potentially decrease the total number of coins and increase their value, individuals may consider strategies such as holding onto their coins (HODLing), participating in staking, or exploring other avenues. However, achieving a significant reduction in the total number of coins, perhaps to 50 trillion or lower, is not a straightforward task.

๐Ÿ”ฅ Suggestions to burn coins, while well-intentioned, may not be feasible without clear mechanisms in place. Moreover, implementing burning strategies requires careful consideration of the impact on users and the overall ecosystem. Perhaps a combination of burning a percentage of coins, burning staking profits, and implementing transaction-based burns could be explored in the future.

๐Ÿ’ก In conclusion, while reducing the total number of coins may be desirable for increasing value, it's essential to approach this goal thoughtfully and consider the broader implications for the #SHIBA ๐Ÿ”ฅ community and ecosystem.

#SHIBA _INU #HotTrends

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Shiba Inu (SHIB) Slides Below $0.00003, Has Meme Coin Bubble Burst? The digital currency ecosystem is on a major slide, with the combined market recording a liquidation of over $740 million. Shiba Inu has been on the receiving end of the bearish slump with the price down by 14.3%, sliding below the $0.00003 range to $0.00002793, per data from CoinMarketCap. Shiba Inu in distress. From Shiba Inu's historical trend, it takes the digital currency a longer time to add more valuation than it does to lose it. The meme coin struggled for months before it c leared a zero in its price to flip the $0.00001 price mark as support. The correction in SHIB after it slid from its year-to-date (YTD) high of $0.00004534 marks a major distress point for the meme coin in what appears as though the bubble has bursted. Breaching the $0.00003 support zone implies the bearish sentiment is building dominance in the short term, a trend that might trigger future slumps if not properly contained. A glimmer of hope in this ongoing correction remains the correlation of Shiba Inu with Bitcoin. Data from crypto analytics platform IntoTheBlock pegged Shiba Inu's correlation at 0.93, a figure that implies any important shift in trend in Bitcoin may trigger a corresponding surge in Shiba Inu. Banking on growth catalysts. Besides the general market momentum that might prove favorable when the Bitcoin tide changes direction, Shiba Inu also boasts trusted growth catalysts it can invoke moving forward. One of these showcased by Into TheBlock is the hodlers' balance, which has jumped by 0.145 to more than $19 billion in the past seven days. This metric shows that despite the price slump, many investors are still holding onto their bags, implying confidence in the meme coin. The rate of burning SHIB by sending it to smart contracts has also grown remarkably in recent times, underscoring the community's concerted efforts to shrink the supply to boost valuation in the long term. #Write2Earnโ€ฌ #Habz #HotTrends
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๐Ÿ˜ก๐Ÿ”ฅ๐Ÿ‘Ž DON'T panic! Today, the market is bleeding, a term used when there are more red candles than green, or we have a heatmap like the one I'll attach below. However, there is hope... there always is! I want to make it clear that from today until Monday, you must be STRONG!!! VERY STRONG!!!! Panic, fear, FUD, and other negative concepts spread faster than good news. This is because the market is highly emotional, and mind you, I'm not only talking about the cryptocurrency market. All trading markets are the same. I know you've made purchases this week... DON'T panic! Unless you tell me you have a defined personal strategy and bought based on technical analysis and set stop losses (SL) on your trades... you may have already incurred real losses at these levels (if SLs were executed). That's trading! No one should be here to make quick money! Don't tell me you think you could make quick money without taking risks! The moment you bought, you accepted the risk of loss! Here's a suggestion, dare to accept and embrace knowledge. Lose your fear of charts, statistics, and trade history. They are all your friends. You must embrace them; in this trading world of financial markets, you must embrace this knowledge and use it to your advantage. Create your own personal strategy. I don't want to beat around the bush. Study and put what you've studied into practice, even without having to buy any assets you can study technical analysis! We'll be reading each other! Ask me questions in the comments... I'll be delighted to respond whenever I can. #HotTrends #Habz #BTC
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