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Shiba Inu: Shibarium To Burn 10 Trillion SHIB in January 2024? #shib #ShibaPriceAnalysys Crypto News Shiba Inu: Shibarium To Burn 10 Trillion SHIB in January 2024? SHIBA Will Shiba Inu (SHIB) rally after the automated burns? Shiba Inu (SHIB) fans might be in for a treat as the project’s Shibarium network will begin to automate token burning in January. The automated burns will bid farewell to manual token burning. However, SHIB fans and investors are curious about how many tokens the Shibarium network would incinerate. Also Read: Shiba Inu: How High Can SHIB Rise In January 2024? According to some rumors, the network may burn trillions of tokens yearly. Shiba Inu (SHIB) influencer and team member “Lucie” had said the project could burn 111 trillion tokens yearly. Going by that estimate, we may see almost 10 trillion SHIB tokens being removed from circulation every month. However, the team has not confirmed how many tokens Shibarium may burn. Will Shiba Inu (SHIB) rally after the automated burns? Shiba Inu (SHIB) is one of the most popular cryptocurrencies in the market. However, the dog-themed crypto has faced a sharp 10% correction in the last 24 hours and consequently gained a zero after its decimal point, which it struggled to delete towards the end of 2023

Shiba Inu: Shibarium To Burn 10 Trillion SHIB in January 2024?

#shib #ShibaPriceAnalysys

Crypto News

Shiba Inu: Shibarium To Burn 10 Trillion SHIB in January 2024?

SHIBA

Will Shiba Inu (SHIB) rally after the automated burns?

Shiba Inu (SHIB) fans might be in for a treat as the project’s Shibarium network will begin to automate token burning in January. The automated burns will bid farewell to manual token burning. However, SHIB fans and investors are curious about how many tokens the Shibarium network would incinerate.

Also Read: Shiba Inu: How High Can SHIB Rise In January 2024?

According to some rumors, the network may burn trillions of tokens yearly. Shiba Inu (SHIB) influencer and team member “Lucie” had said the project could burn 111 trillion tokens yearly. Going by that estimate, we may see almost 10 trillion SHIB tokens being removed from circulation every month.

However, the team has not confirmed how many tokens Shibarium may burn.

Will Shiba Inu (SHIB) rally after the automated burns?

Shiba Inu (SHIB) is one of the most popular cryptocurrencies in the market. However, the dog-themed crypto has faced a sharp 10% correction in the last 24 hours and consequently gained a zero after its decimal point, which it struggled to delete towards the end of 2023

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#VeChain: Will This Important Update Take VET To 50 Cents? VeChain (VET) has been gaining momentum in the cryptocurrency market, showcasing impressive performance amid a broader rally sparked by Bitcoin. With a noteworthy 11% surge in the past 24 hours and a significant 24% increase from last week’s lows, VET is currently trading at $0.04551, drawing attention from investors globally. Analyst Predictions Crypto analyst Ali Martinez has chimed in on VET’s potential, indicating that the coin still has room for further growth. Martinez has outlined long-term targets for VET, envisioning it reaching as high as $0.7 per coin. In a recent tweet, Martinez highlighted the consolidation pattern observed in VET before its bullish phase. According to Martinez’s analysis, VET remained relatively stagnant for 595 days before witnessing a surge in 2021. This culminates in a record high of $0.2782 in April. Martinez foresees a similar pattern unfolding for VET, projecting that the coin could hit the $0.05 mark this week. This forecast is grounded in VET’s price movements in 2020. This is when the asset surged from $0.0035 to $0.054 in less than two months. $VET #VETUSDT #InvestmentStrategies
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Dogecoin: Elon Musk’s X Payments Raises Cryptocurrency Questions Amidst the rising market volatility impacting meme coins, there is a noticeable change in investor sentiment, marked by a prevailing bearish outlook. Dogecoin, a trailblazer in the meme coin sector, has adopted a neutral position, undergoing a slight correction of under 2% in its value. Nevertheless, the cryptocurrency arena recently experienced a prominent disclosure as entrepreneur and Tesla CEO Elon Musk provided insights into the eagerly awaited X Payments feature in a conversation with Ben Shapiro.$DOGE #DOGE #elonMusk
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#shib $SHIB Shiba Inu: SHIB to Launch Digital Identity in 2024, Shibdentity Shiba Inu will be launching a new digital identity in 2024, according to the Shiba Inu team. In a new thread on X, the SHIB team explains that wallet addresses have taken center stage as your identity in Web3, and the team is working to change that. Shiba Inu will launch the new Shibdentity project sometime this year. Working with D3Inc, the SHIB team is developing Shibdentity to offer a secure, unified way to establish and maintain your digital presence. It will take form in a SHIB name, the team says. “The goal is to make sending tokens as easy as sending an email, using your unique SHIB Name,” the team states in the thread.
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Bitcoin: How Much BTC Does BlackRock Own? Bitcoin (BTC) is one of the best-performing assets of the last decade. Since its launch, BTC’s price has surged by many thousand percent. The profits have gained the interest of many global financial institutions, including BlackRock, the world’s largest asset manager, with almost $10 trillion worth of assets under management. However, despite BTC’s massive profits, financial giants were cautious about entering the cryptocurrency market, likely due to the volatility. Institutions preferred having a spot ETF (Exchange Traded Fund), which would reduce risks. The US SEC (Securities and Exchange Commission) made a historic decision earlier this month and approved 11 spot Bitcoin (BTC) ETFs. One of the applicants is BlackRock. As of today, the world’s largest asset manager holds 11,439 BTC, worth around $469,925,559. BlackRock currently has the second-highest BTC holdings, behind GrayScale, among the funds approved by the SEC. Despite the massive holding, BlackRock is not the top Bitcoin holder. BTC creator Satoshi Nakamoto’s wallet still has the highest amount of BTC, with more than 1 million coins, valued at around $35 billion today. $BTC #BTCETFSPOT #BlackRock
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$DOGE Dogecoin: How Much DOGE Does Elon Musk Have? It is no secret that tech billionaire Elon Musk is an avid Dogecoin (DOGE) fan. The Tesla, X, and SpaceX CEO has never shied away from praising the original memecoin. Musk has said that he likes the non-serious nature of the project. He has also said it would be ironic if the currency that started as a joke becomes the currency of the future. Musk’s comments on DOGE have often led to violent price swings. Moreover, the tech billionaire has also faced lawsuits from DOGE investors who claim they lost money because of Musk. How much Dogecoin does Elon How much Dogecoin does Elon Musk have? Source: NewsBTC Elon Musk is the wealthiest man in the world. When he says that he has a “bunch” of DOGE, it might mean more than six figures worth. However, it is unclear how much DOGE Musk owns. One theory suggests that Musk is a mystery Dogecoin (DOGE) whale with over 36 billion tokens. This wallet owns around 28.27% of the total DOGE in circulation. Others dispute this claim and say that Musk is against cryptocurrencies concentrated in the hands of a few. #Dogecoin-DOGE $DOGE #InvestmentStrategies
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