Could $SHIB Hit $0.01?
Now that Shiba Inu has witnessed periodic burns from community members, ecosystem projects, and Shibarium, market watchers expect it to perform even better. Recall that Shiba Inu developers burned a whopping 13.4 billion SHIB last week.
For now, the Shibarium burns are manual, requiring a minimum of $25,000 accumulated in BONE to trigger a manual burn. With the network allocating 70% of its base transaction fees to burn Shiba Inu, more transactions would result in more burns. However, the ecosystem team already plans to automate the burn process. This would ensure that the network automatically executes burns when the necessary conditions are met.
As these burns continue to pile up, with sufficient contributions from Shibarium, discussions around the $0.01 price goal have resurfaced. For context, SHIB would need to rally 30,688% from its current price of $0.00003248 to reach the $0.01 price.
Components now believe this 30,688% surge in this bull run could be possible, considering Shiba Inu surged 27,53% in the previous bull run without any burns. However, the asset’s supply is its biggest hindrance, as the $0.01 price would lead to a $5.8 trillion at the 589 trillion circulating supply.
$SHIB
#HOTTRENDS #ShibaPricePrediction #CryptoNews! #CryptoTalks #Write2Earn‬

1. The enigmatic figure behind Bitcoin, Satoshi Nakamoto, has eluded identification for over 15 years.
2. A California engineer, mistakenly linked to Nakamoto due to a shared surname, faced unwarranted scrutiny.
3. Australian computer scientist Craig Wright's assertions of being Nakamoto were debunked through legal proceedings, revealing them as falsehoods.
4. Gavin Andresen, an early Bitcoin developer, shares a deep involvement with the project but disclaims any association with Nakamoto.
5. Nick Szabo, creator of BitGold predating Bitcoin, possesses the requisite technical expertise but denies involvement in Bitcoin's creation.

Dorian Nakamoto: A Case of Mistaken Identity
Dorian Nakamoto, a retired engineer from California, found himself thrust into the limelight due to his shared surname with Bitcoin's elusive creator. Mistakenly identified as Satoshi Nakamoto, Dorian faced unwanted media attention, vehemently denying any involvement with Bitcoin past or present. Despite his lack of knowledge and a credible denial, speculation persisted around his potential connection to Bitcoin's origins.
Craig Wright: False Claims and Legal Battles
Australian computer scientist Craig Wright emerged as one of the most vocal claimants to the title of Satoshi Nakamoto. Making bold assertions over the years, Wright faced legal challenges and scrutiny. In 2024, a UK court ruled against Wright, exposing his claims as lies and falsified documents. Moreover, Wright's personal assets were frozen over the Nakamoto claims, marking a potential end to his saga.
Gavin Andresen: A Key Player with Uncertain Allegiances
Gavin Andresen, a prominent figure in the early days of cryptocurrency, has long been associated with Bitcoin's development. Despite denying any role as Nakamoto, Andresen's close ties to the project fuel speculation. However, his endorsement of Craig Wright's claims raises questions about his allegiances and potential involvement in Bitcoin's creation.
Nick Szabo: The Leading Contender with Denials
Nick Szabo, known for his contributions to smart contracts and digital currency concepts, is often touted as a leading contender for the title of Satoshi Nakamoto. Despite possessing the necessary expertise and creating a precursor to Bitcoin called BitGold, Szabo vehemently denies being Nakamoto. His deep understanding of cryptography and blockchain technology further deepens the mystery surrounding Bitcoin's creator.
Hal Finney: An Intriguing Figure with Connections
Hal Finney, a close associate of Nakamoto and the recipient of the first Bitcoin transaction, holds a unique position in the quest to unmask Satoshi. Speculation suggests Finney may have adopted the Nakamoto alias, further intertwining his legacy with Bitcoin's origins. However, Finney's battle with ALS and subsequent passing in 2014 leaves his role in the Satoshi Nakamoto mystery unresolved.
The Continuing Quest for Truth
Despite ongoing speculation and investigation, the true identity of Satoshi Nakamoto remains one of the greatest mysteries of the digital age. As the search for answers continues, the enigma surrounding Bitcoin's creation persists, leaving the quest for truth and resolution open-ended.

$BTC

#VOC #VoiceOfCrypto #Crypto #CryptoNews! #Web3metaverse