Shiba Inu Leader Says Burning 99.9% of Shiba Inu is Not Impossible
Posted on December 23, 2023The lead developer of the Shiba Inu ecosystem has argued that eliminating 99.9% of Shiba Inu’s circulating supply is not impossible.In a recent tweet, Shytoshi Kusama, the enigmatic leader of the Shiba Inu development team, expressed that bringing Shiba Inu’s current circulating supply to 0.1% of its size is a vision that can materialize.This bold declaration comes amid an exchange with a Shiba Inu critic. The context of the conversation was Shibarium’s soaring positiv
💰 هذه فرصتك للحصول على مكافآت مجانية من خلال مبادرة BURNGMT المبتكرة من قِبل GMT DAO وElon james official | المرحلة التجريبية العامة السادسة. هذا الحدث، الذي يستمر من 21 نوفمبر 2024 إلى 20 يناير 2025، يخلق موجات في عالم التشفير! 🚀 🔥 ما هو BURNGMT؟ تتيح مبادرة BURNGMT لحاملي GMT التصويت على حرق 600 مليون رمز من الاحتياطيات المخصصة في الأصل للمستشارين والمستثمرين والفريق. تم التبرع بهذه الرموز إلى GMT DAO، مما يمنح المجتمع رأيًا في مستقبل المشروع. 💪 💎 يقفل المشاركون رموز GMT للتصويت وكسب المك
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XRP Coin Price Stabilizes Above The $1.4 Mark! 💥💥💥💥 With an intraday jump of 5.46% and a trading volume of $7.830 billion, the Ripple price has reclaimed the $1.40 mark. Notably, this altcoin has soared over 25% in the last seven days and 171.91% this month alone.
The Relative Strength Index (RSI) continues hovering above the overbought range with its average trendline recording a similar price trend. This indicates a bullish outlook for the altcoin this week.
The Moving Average Convergence Divergence (MACD) shows a constant decline in the daily time frame, with its averages recording a similar price action in the XRP price chart. This suggests a mixed price sentiment for the 06th largest cryptocurrency.
Will XRP Price Hit $2 This Year? Suppose, the bulls regain momentum, in that case, the Ripple price will retest its resistance level of $1.50 this week. Further, if the bullish sentiment intensifies, this could push the XRP crypto toward its upper resistance level of $1.75 in the upcoming time.
However, if the bears outrun the bulls, this altcoin could retest its support level of $1.250. Moreover, if the bulls fail to regain momentum at that point, this could result in it plunging toward its low of $1.00.
Will XRP reach $100? For Ripple Price to achieve this price target, it will require a surge of 6,880.80% in its valuation.
Can Ripple reach $5? If the bullish sentiment sustains, the XRP price may achieve the $5 mark by 2028.
How much will 1 XRP cost in 2030? With increased adoption and bullish action, the Ripple token could reach a maximum price of $8.36 in 2030.$XRP
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The recent update suggests Chianlink to be the next potential token for the spot ETF after Bitcoin, Ethereum, and other filed tokens. This could be a positive signal, as the institutions are displaying their confidence, which could trigger the rally. The LINK price has been displaying acute strength since the early trading hours after fighting with the bears and overcoming the selling pressure.
With this, the token has been maintaining a consistent ascending trend and is flashing bullish signals in the long term, eyeing towards a potential breakout.
The formed doji weekly candle suggests enough strife between the bulls and the bears since the start of the week. Meanwhile, the token has formed it’s resistance and support for the week at 0.786 FIB & 0.618 FIB at $19.07 and $16.01, respectively. Secondly, the RSI has broken out of a descending trend, indicating the bulls are revamping a consistent ascending trend hereafter. More importantly, Chainlink is gearing up for the very first weekly Golden Cross in history, which is expected to offer the required boost to the rally.
Therefore, the Chainlink price is expected to accumulate for a while, followed by a significant rise in the buying volume. However, the volume has yet to reach the bull run levels, and once it has, the price could begin with a fresh upswing to levels above $50 initially. $LINK