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Shiba Inu ($SHIB ) Cash Burn Rate Soars Over 14,000%!

Recently, there has been renewed interest in the Shiba Inu cryptocurrency ($SHIB ). As the marketing executive unveiled future plans, the project's cash burn rate soared by more than 14,000%! This figure has triggered widespread discussion and concern in the market.

As an emerging cryptocurrency project, Shiba Inu Token has attracted the attention of investors since its launch. It uses the cute Shiba Inu image as its brand logo, attracting the attention of a large number of fans and investors. The surge in cash burn rate has become the focus of the market.

The cash burn rate refers to the proportion of funds spent by the project party on marketing, publicity, etc. Generally speaking, a high burn rate means that the project party has invested heavily in marketing. However, the cash burn rate of the Shiba Inu project is more than 14,000%, which is really jaw-dropping.

Behind this astonishing number, it not only reflects the Shiba Inu project team’s emphasis on market promotion, but also reflects their confidence in the future development of the project. It is reported that the Shiba Inu team plans to use a variety of marketing methods to expand the visibility and influence of the project and further attract more investors to participate.

However, the market is also concerned about such a high cash burn rate. Some people worry that too high marketing costs may lead to the risk of funding breaks for the project side. In addition, whether the Shiba Inu token can continue to rise has also become the focus of market observation.

#BinanceBlockchainWeek #Web3Wallet #Wintermute #BRC20 #BNBecosystem

🚀 𝗕𝗨𝗬 𝗕𝗜𝗧𝗖𝗢𝗜𝗡 𝗔𝗧 $𝟭 🌟

🔥 In May 2013, a visionary YouTuber from Chile, Davinci Jeremie, shared a message that would change lives forever. At the time, Bitcoin's price was just $116.75 for $1 of investment, and he boldly encouraged his subscribers to take a chance.

💰 He stated, "For the price of a lotto ticket, you can hold Bitcoin (BTC) for 10 years and become a millionaire. It's time to stop living in fear. If it goes to zero, you lose $1, who cares!!! But if I'm right, I want all of you to thank me."

🌐 Bitcoin, he explained, is a digital, global currency system that allows people to send and receive money across the internet without the need for a third party.

📈 Fast forward to 2021, and Bitcoin's value skyrocketed to an astounding $61,000 per Bitcoin, proving Davinci's foresight and belief in the potential of cryptocurrency.

🙌 Despite the roller-coaster ride of Bitcoin's price, Davinci Jeremie remained a source of encouragement and reassurance to his followers on social media, emphasizing that the recent slump was nothing to worry about.

🚀 This story is a testament to the incredible opportunities in the cryptocurrency world. It's a reminder that sometimes, taking a calculated risk can lead to life-changing results.

🐶 And if you're looking for the next big opportunity, consider this: If you invest $200 in $DOGE at its current price of $0.58, you could own 3,391 Dogecoins. Imagine what could happen if Dogecoin reaches $50 in the next 5 or 10 years!

💡 If you found this story both educational and entertaining, show your support by liking, sharing, following, and leaving your thoughts in the comments. Your journey in the world of cryptocurrency awaits! 🚀

$BTC #BTC

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$DOGE

Here’s a list of cryptos which could 50-100x within the next 2 years:

1. $DOGE
2. $SHIB
3. $PEPE
4. $PNDC
5. $FLOKI
6. $CAL
7. $DORKL
Any others?👇

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START WITH 10$ ?
How ?

here's a more detailed plan to start with $10 in trading:

1. Educate yourself: Learn about different trading strategies, market analysis, and risk management techniques. This will help you make informed decisions.

2. Choose a trading platform: Look for a reputable and user-friendly trading platform that allows you to trade with small amounts. Ensure it offers commission-free or low-cost trading options.

3. Research and analyze: Before investing, thoroughly research the stocks or assets you're interested in. Analyze their performance, financials, and market trends to make informed decisions.

4. Diversify your investments: Instead of putting all your money into one stock, consider diversifying your investments across different sectors or asset classes. This can help reduce risk.

5. Start small: With $10, focus on buying fractional shares or low-cost stocks. This allows you to have exposure to different companies even with a limited budget.

6. Practice risk management: Set realistic profit targets and stop-loss levels to manage your risk. Don't invest more than you can afford to lose.

7. Monitor and learn: Keep track of your trades and analyze your performance. Learn from both your successful and unsuccessful trades to improve your trading skills.

Remember, trading involves risks, and it's important to start with a realistic mindset and expectations. Good luck on your trading journey! 🚀💰
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Making $20 Per Day with Just $18: An Experimental Success Story

Today, I'm about to share a trading method that has proven to be a super-fast path to making $20 per day using just $18. It might sound crazy, but we have a crazier option available to us – leverage. Are you ready to explore this uncharted territory?

This method is especially tailored for small wallet users, but even those with larger wallets can benefit from it with a clear strategy in mind. Let's dive into the technique I employed and how you can do it too.

**Target Audience: Small Wallet Users**

First things first, let's clarify that I put $18 into my futures wallet as part of an experiment. The target coin for this experiment was XRP, and the reason for this choice is simple: I can analyze the movements of this coin. In the crypto world, analytical knowledge is your lifeline. To survive in this space, you must be well-versed in analyzing crypto assets.

**The Power of Focusing on One Coin**

I want to share a quote with you: "I'm not afraid of someone who has practiced a thousand kicks once, but I'm afraid of someone who has practiced one kick a thousand times." In the same spirit, I advise you to choose a single coin for analysis and study it thoroughly.

Now, let's get into the method:
- I used $18 with 50x leverage and 50% margin in XRP futures.
- With this setup, I aimed for a modest 6-7% profit target, resulting in a profit of $0.3 to $0.5 per trade.

The key difference between my results and those of others is our knowledge of trading analysis. In the attached image, you can see that within just 4 minutes, I made $1.2 from my $18 investment.

I've included an image of my experiment to illustrate the process. I'm 100% certain that with just $18, you can indeed make $20 in a day.

My analytical coin of choice is XRP, and I encourage you to learn and apply analysis to your trading. With the right coin and the power of analysis, you can consistently grow your wealth.

Shiba Inu: Can SHIB Reach $0.01 in 2024?

Shiba Inu (SHIB) has had a lackluster year in 2023. While other crypto assets such as Bitcoin (BTC) and Solana (SOL) are up by over 100% since January 2023, SHIB is down by about 3%. Even after the highly anticipated Shibarium launch, the memecoin’s price did not pump much. Although the token picked up some steam in October, it has not managed to break the resistance level of $0.000008.

Can Shiba Inu Reach $0.01?

However, many are hopeful that Shiba Inu (SHIB) will pick up the pace in 2024. Many market analysts anticipate another crypto market bull run early next year, and SHIB could touch new highs if that were to happen. However, will the memecoin achieve its “1-cent dream”? Let’s find out.

Can Shiba Inu reach $0.01 in 2024?

If SHIB reaches a price of $0.01, its market cap will skyrocket to around $5.89 trillion, as there are 589 trillion SHIB tokens in circulation. This figure is unlikely as the market cap would be more than many big economies. For example, the GDP (Gross Domestic Product) of France is around $3.8 trillion. If SHIB reaches $0.01, the project would be, in a way, richer than France.

Hence, in a realistic scenario, SHIB would have to significantly reduce its circulating supply to reach a more achievable market cap while still having a price of $0.01. The Shiba Inu (SHIB) team has hinted that they are working on a new burn mechanism rumored to burn trillions of tokens yearly. If such a burn portal launches, SHIB could see a sudden decrease in supply and, thereby, an increase in its price. However, we do not know when the team plans to launch the new burn mechanism or how it will burn tokens in the first place.

Nonetheless, the chances of SHIB achieving the “1-cent dream” in 2024 are very slim. The achievement may happen at a later date, but 2024 seems too close for the project to pull it off.
#SHIBCommunity #ShibaInuRevolution

🚨 Someone bought another BILLION dollars of $XRP  today.

The 4th buy over $500 milly in the last 7 days before 8am EST.

Why are big in institutions like Uphold buying in the mornings? Because it allows the peasants to dump it throughout the rest of the day due to the peasants taking profits off a small pump. Then institutions buy the dumped assets the next morning. Rinse repeat.

Uphold already owns 3.5%ish of the XRP held right now. $1.25 Billy of the $34 Billy market cap.

#XRPWave  #xrparmy #IluPredictions #XRPFuture #BinanceSquareXRP

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#SHIB / USDT

Shiba is just -10x from ATH. Trust me they made recent advancement and multiple collaborations during the bear market.

Shiba token is expected to be the outperforming coin of the year 2023.

Next range will be 0.00001-0.00003 before new ATH.

Many #altcoins pumped hard from the september bottom .

the only chart that matter right now is #ETHBTC .

on bottom .

a pump from here would be a good chance to book profits in the next 20 days .

#cryptocurrency #Ethereum #Meme

$BTC 19,197 Bitcoin ($652M) has been
withdrawn from Binance
32k or 40k?

What is your perspective?
#crypto2023 #Meme #bitcoin #gbtc

I wasn’t fortunate enough to catch $PEPE on its run to a billion+ so I don’t know exactly how that feels but

But #SmurfCat is giving me early $PEPE vibes