BNB Surpasses 760 USDT with a 3.12% Increase in 24 Hours
On Dec 07, 2024, 19:52 PM(UTC). According to Binance Market Data, BNB has crossed the 760 USDT benchmark and is now trading at 760.48999 USDT, with a narrowed 3.12% increase in 24 hours.
Shiba Inu Coin’s Bullish Momentum Continues Key Resistance Levels and Future Price Targets Surge in Large Transactions Signals Increased Demand Shiba Inu coin (SHIB) has risen over the past few weeks to trade above the $0.000032 level. Despite the brief testing of the key level at $0.000026, the cryptocurrency has remained in a bullish mode.
Since the start of the month of December, Shiba Inu surged by14.82% to touch $0.000033, despite posting a very minor correction.
The recent rally is quite significant as Shiba Inu prepares to break through its nine-month resistance levels.
Shiba Inu Coin’s Bullish Momentum Continues Shiba Inu coin has been on an upward trend since early November. Having formed a 7 week falling wedge pattern, the cryptocurrency rose by 54% in the first week of November.
Although there was a slight decrease to $0.000026 as seen in the last week of November and early December, SHIB has continued to demonstrate bullish trends.
#binqnce $BNB *🛡️ Top 6 Most Common Crypto Scams and How to Avoid Them*
1️⃣ Fake Giveaways: Scammers promise to double your crypto (e.g., ""Send 1 Bitcoin, get 2 back""). Avoid it: Never send crypto to anyone claiming guaranteed returns.
2️⃣ Phishing Websites: Fake sites mimic legitimate platforms to steal your credentials. Avoid it: Always verify URLs and enable two-factor authentication.
3️⃣ Ponzi Schemes: Fraudsters promise high returns but pay old investors with new ones’ money. Avoid it: Be skeptical of guaranteed high returns with no risk.
4️⃣ Fake Exchanges: Fraudulent platforms trick you into depositing funds. Avoid it: Use only reputable and verified exchanges.
5️⃣ Social Media Scams: Impersonators pretend to be influencers or companies. Avoid it: Confirm identities through official channels.
6️⃣ Ransomware: Malicious software locks your files until you pay a ransom. Avoid it: Keep software updated and avoid suspicious links.
💡 Tip: Always do your own research and stay vigilant to protect your crypto!
$SHIB holding as much as Shib ; Shiba Inu ($SHIB ) is trading at 0.00002533 (+0.83%), and your 10,000,000 might look modest right now. But with market dynamics shifting, Shiba Inu’s explosive volatility could be the key to transforming your portfolio. The risks are real, but the rewards? Even bigger.
🔑 Hold $SHIB ? Meet $COS—The Content Revolution You Can’t Ignore!
While you wait for to moon, let’s talk about $COS, the token reshaping the content world.$BNB i belive this earming every body hope we woll get good resold. we jută holding and waiting we hold anc esrj soon plase give like and share....
$BTTC currently trades at $0.000002 with a market cap of $1.56B. It has seen a 7.98% decrease in the last 24 hours. While it's a volatile asset, long-term potential exists due to BitTorrent's growing user base and blockchain integration.
Can Burning 99% of $SHIB Drive It to $1 or Harm Its Ecosystem?
The Shiba Inu ($SHIB) community is actively debating the implications of a proposal to burn 99% of the token's total supply. This strategy aims to drastically reduce $SHIB's circulating supply, potentially increasing its price to $1 or beyond. However, such a move comes with both opportunities and significant risks.
Current $SHIB Supply Overview
Total Supply: 1 quadrillion (1,000,000,000,000,000)
Circulating Supply: Approximately 550 trillion
If 99% of the total supply were burned, the circulating supply would drop to around 5.5 trillion tokens, significantly altering $SHIB’s tokenomics.
Potential Benefits of Burning 99% of $SHIB
1. Reduced Supply A reduced circulating supply could lead to increased demand, theoretically driving the price higher.
2. Increased Scarcity With fewer tokens available, $SHIB could become more appealing to investors, potentially fostering greater adoption.
3. Improved Market Perception Burning 99% of the supply might be viewed as a bold commitment to counter inflation, potentially boosting confidence in the project.
Potential Risks of Burning 99% of $SHIB
1. Market Volatility Such a drastic reduction in supply could trigger significant price fluctuations, creating an unpredictable market environment.
2. Reduced Liquidity A sharp decrease in circulating tokens might reduce liquidity, complicating trading activities for both buyers and sellers.
3. Community Division Implementing such a move could face resistance from the community, risking a loss of trust and long-term support.
Conclusion
Burning 99% of $SHIB's supply is an ambitious strategy that holds the potential for high rewards but also carries substantial risks. While it could elevate $SHIB’s value by increasing scarcity and attracting investors, it may also lead to extreme volatility, reduced liquidity, and community backlash. The proposal must be approached with caution, balancing the potential benefits against the risks to ensure sustainable growth for the ecosystem.
Binance Square has extended “Write to Earn” promotion and upgraded the reward structure for all Binance Square creators. Post content and earn up to 30% commission rewards!
Get started here: https://www.binance.com/en/square/WritetoEarn
🚨 BREAKING NEWS: $70 MILLIONS SHIB Tokens Burned – SHOCKWAVE HITS THE MARKET! 🚨 A massive $60 trillion Shiba Inu ($SHIB) tokens have just been burned, sending ripples through the crypto world. This unprecedented event could reshape SHIB’s market trajectory and spark a dramatic price surge! Let’s break it down: 1️⃣ $60 Trillion SHIB Burned – What’s the Impact? 🔹 SUPPLY SHOCK ALERT: $60 trillion SHIB tokens have been permanently removed, reducing circulating supply drastically. 🔹 PRICE PRESSURE: With reduced supply, demand could skyrocket, potentially driving SHIB prices to new heights. 2️⃣ Strengthening SHIB’s Market Position 🔹 BULLISH SIGNAL: This burn aligns with SHIB’s strategy to boost scarcity and long-term value. 🔹 INSTITUTIONAL INTEREST: Enhanced scarcity may attract big players, pushing SHIB closer to mainstream adoption. 🔹 MARKET MOMENTUM: Could this burn be the catalyst for SHIB’s breakout rally? 3️⃣ Price Predictions Post-Burn 🔹 SHOCKING PROJECTIONS: Analysts hint SHIB could reach $0.01 or higher if burn events continue at this pace. 🔹 LONG-TERM POTENTIAL: Institutional support and growing scarcity position SHIB for exponential growth in the coming months. #SOLHitsATH #Write2Earn! #shiba⚡ #ETHETFsApproved #Megadrop