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$DOGS and $NOT Burning Billions: A Mixed Bag of Pros and Cons. I just came across this article about the upcoming token burn event for $DOGS and $NOT, and it's got me thinking. On October 9, 2024, at 1 PM UTC, they're burning a whopping $4 million worth of tokens. That's a massive amount! But here's the kicker: it was all decided by a community vote. They even live-streaming it on X (formerly Twitter). The Community Angle First off, I gotta hand it to them. This is some top-notch transparency from the devs. They could've just pocketed those unclaimed tokens, but instead they asked the community what to do with them. And of course, being crypto enthusiasts ourselves, we voted to burn them. It’s like a rite of passage for these projects. But then I thought about it some more... Are we really okay with burning that many tokens? I mean sure, it's nice to think that less supply might mean more value down the line, but there's no guarantee of that. Token Burns: Do They Even Work? Speaking of guarantees, the article dives into whether token burns actually work to increase value. Apparently not everyone is sold on the idea. Cryptoforinnovation.org points out that while some projects see price spikes after burns (hello Terra Luna), others don’t fare as well. And let’s be real here—$DOGS and $NOT are still relatively new projects. Are we just setting ourselves up for disappointment if things don’t go as planned? Ethical Concerns Over Charitable Donations Now here's where it gets really interesting—and kinda murky—the article raises some ethical questions about donating those unclaimed tokens to charity. First off, where did those tokens come from? If they're unclaimed airdrop tokens, does that mean they were possibly generated through some sketchy methods? $shib $DOGS
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#WeAreAllSatoshi Before the bull market comes, which one will be better, buying 100,000 SHIB or 100,000 PEPE in the bull market? Market value comparison: At present, SHIB has temporarily taken the lead in market value by virtue of its earlier entry into the market and its huge user base. Although PEPE is a fledgling, its growth rate cannot be underestimated. Its market value has soared in the short term, showing amazing growth potential. Technological innovation: SHIB is gradually improving its decentralized trading platform ShibaSwap and trying to build a diversified ecosystem. At the same time, whether PEPE can achieve breakthroughs at the technical level, such as launching innovative application scenarios or improving its underlying protocol, will be crucial to its future develop Ecological layout: SHIB's ecological expansion plan includes diversified application scenarios such as NFT market and game integration, while PEPE may leverage its strong social influence to build a unique ecosystem. Which of the two can build a richer and more sustainable ecology will be the key factor in determining which has greater potential. Community activity: The success of SHIB and PEPE depends largely on the activity and loyalty of the community. In the long run, whoever can maintain the enthusiasm and participation of the community, maintain and expand its user base, will have an advantage in the competition. Bubble and value return: Although both have experienced large price fluctuations, in the long run, only those projects that can truly achieve intrinsic value enhancement, Faced with the ever-changing currency market, both SHIB and PEPE need to be flexible, keep up with market trends, and continue to innovate to adapt to market demand, so as to tap into greater potential space. Today, the market is up and down, and there is no chance to go it alone blindly. Every big drop is the time for you to increase your position. Cherish this round of bull market. Friends who like spot and friends who don’t know how to layout 👉 Leave a message 1, I will teach yo#SHIBI #pepe
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Assalamualaikum 🐋🐳 last week I shared my thoughts 💭 to many trades laughing it my post . Now check the results . wake up to reality Guys and see 😊🙈 $NOT $COS $ATA
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Get involved with our #EarnFreeCrypto2024 campaign for a chance to win up to 500 FDUSD! Share your top 6 ways to earn free cryptocurrency in 2024. Include solutions such as airdrops, specifically Binance's Megadrop, features like Binance Earn, Binance Learn and Earn, Binance Launchpool, Write2Earn on Binance Square, referral programmes, and social media giveaways
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Hello everyone i want to buy spot coin for long term . suggest me plx
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