Shiba Inu: The destruction rate surges by 4200%, will SHIB delete a zero now?

Shiba Inu (SHIB) has seen a significant increase in its destruction rate. According to data from Shibburn, 86,015,940 (86 million) SHIB tokens were burned in the past 24 hours, increasing the burning rate by 4200.80%. One transaction in particular destroyed most of the tokens, sending more than 85 million SHIB to a “death wallet.”
However, despite the surge in burn rate, the price of Shiba Inu (SHIB) continues to struggle. The popular meme coin faced a 2.5% correction on the daily chart and fell 3.6% on the weekly chart. Furthermore, the price of SHIB has fallen by more than 27% since February 2023.

Nonetheless, the asset is up 4.2% on the 14-day chart and 4.8% over the last month.
SHIB has been working to remove a zero it obtained last December. The price resistance level at $0.00001 proved to be a difficult price point to overcome.

Will Shiba Inu (SHIB) drop a zero in the near future?

According to CoinCodex, SHIB is likely to drop a zero by February 28, 2024, reaching a price of $0.00001025, an increase of approximately 8.4% from current levels. However, the platform does not expect the price of SHIB to hold and is expected to fall below $0.000009 by March 1, 2024.

On the other hand, Changelly expects Shiba Inu (SHIB) to delete a zero this week, reaching a price of $0.00001006 by February 24, 2024, which would represent a rise of approximately 6.3% from current levels. However, Changelly also predicts that SHIB’s price will fall below $0.000009 by March 1, 2024. The platform expects the popular dog-themed cryptocurrency to reach a peak price of $0.0000159984 this year.

However, we may see a rise in Shiba Inu (SHIB) in the second quarter of this year, driven by the Bitcoin (BTC) halving and the possible emergence of a spot Ethereum (ETH) ETF (exchange-traded fund).

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$$Shiba Inu expected to hit 50 cents: When is this?

The value of SHIB, the second-largest dog-themed cryptocurrency, showed little fluctuation and remained relatively unchanged, still retaining its sixth decimal place.

Currently at the time of writing, Shiba Inu is worth $0.00000946, which shows very little movement over the past few hours of trading. Despite this stability, the asset experienced modest gains of 2.5% last week.

Pursuing an ambitious goal of 50 cents
Many investors are wondering whether SHIB can reach a price of 50 cents. Reaching such an important milestone will require significant support from investors and a careful balance between current supply and market demand to drive its value upward.

According to different estimates, SHIB may break the $0.01 threshold and continue its upward trend between 2030 and 2040. As the 1-cent dream spreads through the ecosystem, the community keeps moving forward.

Estimates based on this milestone suggest that Shiba Inu may be on track to reach the 50-cent mark by 2050. But that ambitious target is still nearly three decades away, underscoring the long-term nature of such predictions.
Volatility and Risk Considerations

Despite these projections, there is no guarantee that SHIB will actually reach its 50-cent target by 2050. The cryptocurrency market is known for its volatility, which can lead to huge losses for investors. Therefore, people must conduct thorough research before considering whether to invest in SHIB at this time.

In order to reach a value of $0.50, Shiba Inu will need its market value to grow significantly.

While grandiose forecasts can give a possible direction for the future, investors must approach these forecasts with caution and be aware of the inherent risks associated with cryptocurrency investing.
#Shiba

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Binance continues to launch the 47th Lauchpool project Portal. More than a week after PIXEL, Binance continues to release new projects. The only difference is that it doesn't have a Lauchpad.

Portal is a cross-chain game project built using LayerZero technology. With the help of LayerZero’s technology, the project aims to bring 1 billion gamers to join Web3.

The project claims to integrate with blockchains including Solana and scaling networks Ethereum, Polygon.

Portal will also conduct airdrops to users participating in the Crystal Dash airdrop staking program. Launched at the end of November.
A series of game-related projects are on the Binance list. The intention is not too obvious. This is the next explosive trend.

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🚨 Important Announcement: Confirmed $MASK Airdrop 🪂

Metamask has revealed the largest airdrop to date, offering an impressive $725M in rewards!

The best part? Qualifying for this windfall requires just two simple steps. Here's your comprehensive strategy for maximizing the airdrop:

Airdrop Strategy:

✨ Cost: Only $10

✨ Potential Average Reward: An astounding $6000

Qualify with 2 Easy Actions:

1. Swap:

- Visit [Metamask's portfolio](https://portfolio.metamask.io)

- Connect your wallet

- Click "Swap"

- Choose your desired token and initiate the swap

2. Bridge:

- Navigate to [Metamask's portfolio](https://portfolio.metamask.io)

- Connect your wallet

- Click "Bridge"

- Select the network and tokens for bridging

- Press "Approve" and then "Confirm" to finalize the process

Final Step:

But that's just the beginning! Here's the initial phase of your journey:

Criteria:

- Complete a minimum of 6 swaps

- Bridge transactions across 5 different networks

- Achieve a trading volume of $1000 or more

Seize this incredible opportunity to partake in the largest airdrop in history.

Take action now and secure your portion of the $MASK airdrop!

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🚨 GET Free iPhone 15 & Share 24,000 FDUSD in Rewards 🎁

📢 Activity Period: 2024-02-20 06:00 (UTC) to 2024-03-05 05:59 (UTC)

Binance is delighted to launch a new challenge for regular and VIP 1-3 users in the Middle East, North Africa and South Asia (MENASA) regions.

Users are able to undertake different missions on the Challenge landing page during the Activity Period to get an iPhone 15 and share 24,000 FDUSD in token voucher rewards.
How to Get Started

Step 1: Visit the Challenge landing page .

Step 2: Click the “Do it” button next to the corresponding mission.

Step 3: Complete missions during the Activity Period to receive a corresponding number of Challenge attempts. Other ways of completing a mission shall be deemed invalid.

Step 4: Click “GO” on the Challenge landing page to make your first Challenge attempt. The cursor will rotate and finally stay on the designated square, which is the result of that Challenge attempt. 

List of Rewards

0.5 FDUSD token voucher

1 FDUSD token voucher

5 FDUSD token voucher

10 FDUSD token voucher

50 FDUSD token voucher

100 FDUSD token voucher

An iPhone 15

The 10,000 FDUSD Token Voucher Challenge Pool reward. The more times a user wins the Challenge Pool reward, the bigger share the user will receive from the Challenge Pool, capped at 10 FDUSD in token voucher per user. The Challenge Pool reward will be distributed within 14 days after the Promotion ends.

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Please Don't Miss this Another Passive Income Opportunity on Binance 💸💸💸

Calling all gamers and crypto enthusiasts! Prepare for an exciting venture into the realm of Web 3.0 with the 47th project on Binance Launchpool – Portail (PORTAL)!

Gear up to enhance your gaming experience and immerse yourself in a cross-chain gaming platform that aims to connect players across the digital landscape. Portail brings together the future of gaming and blockchain, offering limitless possibilities and adventures.

In just 5 hours, the gateway to Portail will open, marking the beginning of a new era in decentralized gaming. Stake your BNB and FDUSD in separate pools to earn PORTAL tokens and claim your portion of the rewards. The farming extravaganza kicks off on 22/02/2024 at 00:00 (UTC) and continues for an exhilarating seven days.

But the excitement doesn't stop there! On 2024-02-29 at 10:00 (UTC), Binance will officially list PORTAL, opening up trading opportunities with PORTAL/BTC, PORTAL/USDT, PORTAL/BNB, PORTAL/FDUSD, and PORTAL/TRY pairs. Get ready to trade with the Seed tag proudly associated with PORTAL.

Here's a glimpse into the PORTAL Launchpool:
- Token Name: Portail (PORTAL)
- Maximum Token Supply: 1,000,000,000
- Launchpool Token Rewards: 50,000,000

PORTAIL
- Initial Circulating Supply: 167,134,615 PORTAL
- Smart Contract Details: Ethereum
- Staking Conditions: KYC required

And be sure not to overlook the hourly cap per user:
- 23,809.52 PORTAIL in the BNB pool
- 5,952.38 PORTAIL in the FDUSD pool

Supported pools offer substantial rewards:
- Staking BNB: 40,000,000 PORTAL in rewards
- Staking FDUSD: 10,000,000 PORTAL in rewards

The farming frenzy commences from 22/02/2024 at 00:00 (UTC) until 28/02/2024 at 23:59 (UTC). Save the dates and join the adventure of a lifetime!

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So crazy! Get 0.05 BTC every day! ?

Binance recently launched a "Price Prediction Competition". As long as the user predicts the price of #BTC‬ at 10 pm (UTC+8) every day, the user whose predicted price is closest to the actual price will receive a 0.05 BTC token.

In addition, this event will draw #特斯拉 Model Y every week! As long as you complete the tasks during the event, you can receive a coupon to draw a Tesla Model Y worth US$50,000~

How to participate:

1️⃣ Register a Binance account: http://tinyurl.com/Sethgg

2️⃣ Open the event page: https://bit.ly/3I6Hlho

3️⃣ Enter the BTCUSDT perpetual contract price prediction every day

4️⃣ Complete the first trading contract (gold coupon limit*1)

5️⃣ Daily contract trading volume ≥ 10,000 USDT (Daily limit for gold coupons*1)

6️⃣ Recommend a friend and complete the first contract transaction (get 1 gold coupon for every recommended user)

The event lasts until 2024/3/17 21:59 (UTC+8). For details, please check the Binance announcement.

PS: Cryptocurrency and contract trading are highly risky and are not investment advice.

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Can PIXEL become AXS 2.0?

Pixel, the 44th Binanc Launchpool project, is set to launch on February 19, 2024, at 10:00 (UTC). This blockchain farm simulation game on the Ronin network follows the Metaverse trend with a focus on land ownership and NFTs. The project, emerging about a decade ago, positions itself in the virtual world's game finance, social finance, and land division trends.

With over 140,000 active wallets and a substantial transaction volume, Pixel is gaining attention as a potential successor to Axies 2.0. Its simplicity, mobile accessibility, and support from Ronin, YGG, Binance, and Animoca make it stand out.

Pixel's model as a metaverse game holds promise for collaboration with other Web3 projects, potentially leading to tasks in different games and airdrop opportunities. While it surpasses Bigtime in user-friendliness, its market value compared to Axie's awaits market competition.

Supported by renowned funds like FrameWork, Animoca, and Febushi, Pixel has undergone private placements with varying prices, leading to a total supply of 5 billion tokens, with the initial supply at approximately 15%.
In comparison to other GameFi projects on

Binance Launchpool, Pixel's pricing, ranging between $0.45-$0.5, seems relatively high, with a market cap estimated at $350-400M. Given the close relationship with Binance, the possibility of listing at a similar price to the OTC is considered.

While the potential for significant returns exists, caution is advised due to potential selling pressure, especially if priced at $0.5. The Launchpool distribution of a substantial token supply to the community adds complexity to the market dynamics, making a cautious approach advisable.

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📢 Last Call: Now only 42 Hours left, with 888 USDT waiting up for grabs!

To take part, follow these instructions:

1. Confirm you have a minimum of 1 USDT in your Funding Wallet.

2. Join the $1 game in Pay Section

3. Complete the necessary payment.

4. Actively engage and participate.

🌀Wait for the results, if luck is on your side you can win 888 USDT

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