burning
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I had dreams of becoming rich, š¤ but what happened? š„¹ My tokens Burned ā¤ļøāš„
#BTCWhaleMovement #Write2Earn #burning
$BNB $SOL $DOGE
#BTCWhaleMovement #Write2Earn #burning
$BNB $SOL $DOGE
#SHÄ°B #shibaā” Perhaps the biggest roadblock to Shiba Inu hitting $1 is its enormous supply. As of this writing, there are 589.3Ā trillionĀ tokens in circulation. At the current token price, Shiba Inu has aĀ market capitalizationĀ of about $18 billion.
Simple math suggests that at a price of $1 per token, its market cap would be $589.3 trillion. That's more than the total wealth of every person on Earth, which stood at $454 trillion at the end of 2022, according toĀ UBS. In other words, there is absolutely no chance Shiba Inu rises to $1 per token as things currently stand.
However, its community is trying to shrink supply byĀ burningĀ tokens, which means removing them from circulation forever. The easiest way for investors to participate is by sending their tokens to a dead wallet, where they can never be retrieved. In theory, Shiba Inu's price should rise organically in proportion to the number of tokens that are burned.#burning
Simple math suggests that at a price of $1 per token, its market cap would be $589.3 trillion. That's more than the total wealth of every person on Earth, which stood at $454 trillion at the end of 2022, according toĀ UBS. In other words, there is absolutely no chance Shiba Inu rises to $1 per token as things currently stand.
However, its community is trying to shrink supply byĀ burningĀ tokens, which means removing them from circulation forever. The easiest way for investors to participate is by sending their tokens to a dead wallet, where they can never be retrieved. In theory, Shiba Inu's price should rise organically in proportion to the number of tokens that are burned.#burning
SHIB/USDT
Shiba Inu Burn Rate Drops to Zero: Whatās Going On?
On July 1st, the Shiba Inu community noticed something unusual. The Shibburn platform, which tracks SHIB burn transactions, reported a surprising number ā the burn rate over the past 24 hours dropped to absolute zero.
š¹ Why does it matter?
Token burning is a crucial deflationary mechanism for SHIB. By permanently removing tokens from circulation, the total supply decreases, which could theoretically increase the token's value. But if burning stops, investor confidence may waver ā and thatās exactly whatās happening now.
š 0% Burn Rate + Price Drop = Market Nervousness
At a time when burning appears to have halted, SHIBās price has dropped by 3.56%, further fueling investor concerns. People are asking: Whatās happening to Shiba Inuās deflationary plan? And why has burning stalled even though data shows tens of millions of SHIB tokens were destroyed that same day?
š„ Over 23 Million SHIB Burned, Yet Burn Rate Shows Zero
It sounds contradictory ā blockchain data confirms that 23,767,887 SHIB tokens were burned, yet Shibburnās dashboard displays a 0% burn rate. This inconsistency has sparked debates among analysts, with many pointing to a likely technical glitch on the platform. It wouldnāt be the first time ā Shibburn has had data display issues in the past.
š¹ Interestingly, even this zero rate is marked in green, not red, suggesting that burning may be happening but not being tracked accurately.
š Transaction Data Confirms Burning Is Ongoing
A deeper look reveals that seven burn transactions occurred in the last 24 hours. Two of them were more significant ā one involving 100,000 SHIB, the other a large 5.6 million SHIB.
However, the first two burn transactions were nearly symbolic, with just 5 tokens burned each. This might indicate a type of test or automated transaction that carries minimal impact on the overall token economy.
š§© Conclusion: Technical Glitch or New Strategy?
Even though it looks like burning has come to a halt, reality may be different. A shift in data reporting, possible system errors, and unusual burn patterns suggest that this is likely a temporary issue or maintenance period, rather than the end of Shiba Inuās deflationary model.
For SHIB holders and fans, the next few days will be crucial. A return to regular burn activity could restore confidence and support SHIBās upward momentum.
š What do you think?
Is this just a short-term glitch, or does it hint at a strategic shift by the Shiba Inu team?
#SHIB , #Shibarium , #burning , #CryptoNews , #memecoin
Stay one step ahead ā follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.ā
š¹ Why does it matter?
Token burning is a crucial deflationary mechanism for SHIB. By permanently removing tokens from circulation, the total supply decreases, which could theoretically increase the token's value. But if burning stops, investor confidence may waver ā and thatās exactly whatās happening now.
š 0% Burn Rate + Price Drop = Market Nervousness
At a time when burning appears to have halted, SHIBās price has dropped by 3.56%, further fueling investor concerns. People are asking: Whatās happening to Shiba Inuās deflationary plan? And why has burning stalled even though data shows tens of millions of SHIB tokens were destroyed that same day?
š„ Over 23 Million SHIB Burned, Yet Burn Rate Shows Zero
It sounds contradictory ā blockchain data confirms that 23,767,887 SHIB tokens were burned, yet Shibburnās dashboard displays a 0% burn rate. This inconsistency has sparked debates among analysts, with many pointing to a likely technical glitch on the platform. It wouldnāt be the first time ā Shibburn has had data display issues in the past.
š¹ Interestingly, even this zero rate is marked in green, not red, suggesting that burning may be happening but not being tracked accurately.
š Transaction Data Confirms Burning Is Ongoing
A deeper look reveals that seven burn transactions occurred in the last 24 hours. Two of them were more significant ā one involving 100,000 SHIB, the other a large 5.6 million SHIB.
However, the first two burn transactions were nearly symbolic, with just 5 tokens burned each. This might indicate a type of test or automated transaction that carries minimal impact on the overall token economy.
š§© Conclusion: Technical Glitch or New Strategy?
Even though it looks like burning has come to a halt, reality may be different. A shift in data reporting, possible system errors, and unusual burn patterns suggest that this is likely a temporary issue or maintenance period, rather than the end of Shiba Inuās deflationary model.
For SHIB holders and fans, the next few days will be crucial. A return to regular burn activity could restore confidence and support SHIBās upward momentum.
š What do you think?
Is this just a short-term glitch, or does it hint at a strategic shift by the Shiba Inu team?
#SHIB , #Shibarium , #burning , #CryptoNews , #memecoin
Stay one step ahead ā follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.ā
$BTTC Queima š„š„š„ sai deste corpo que nĆ£o te pertence!!! Assim como no Museu Ipiranga houve a algum tempo atrĆ”s queimas e destrosos e depois uma grande REFORMA no patrimĆ“nio PĆŗblico, assim teriam que ser este $BTTC haja paciĆŖncia na minha cabecinhaš§ , espero que esta Cripto nĆ£o vire obra de Museu estilo Mona Lisa, PovĆ£o sera que este BTTC sera a prĆ³xima obra da Mona lisa?? Denominado: "BTTC Lisa*, kkkkkk
#monalisa #bttcš„š„š„ #BTTCLOVERSclack #BinanceSquareFamily #burning
$BTC
#monalisa #bttcš„š„š„ #BTTCLOVERSclack #BinanceSquareFamily #burning
$BTC
BONK Drops 7% Despite $51 Million Worth of Tokens Burned During BURNmas
Memecoin Bonk, inspired by dog-themed memes, faces a significant decline despite a massive token burn event that removed 1.69 trillion tokens worth over $51 million from circulation. The event, known as BURNmas, failed to prevent the cryptocurrency's price drop.
Delayed BURNmas Execution
The Bonk team originally planned to conduct the token burn on Christmas Day, December 25, but delays pushed the event to the following day, December 26. The initiative was part of a marketing campaign that included:
Burning 1,000 BONK tokens for every post on the X platform (formerly Twitter) with the hashtag #LetsBONK.Burning 10,000 BONK tokens for every new follower on Instagram and TikTok.
Initially set to burn 1 trillion tokens, the community's support allowed the burn to reach 1.69 trillion tokens, representing 1.85% of the total supply, which now stands at 90.97 trillion tokens, according to CoinGecko data.
Why Is BONK's Price Falling?
Token burns are typically employed as a strategy to increase value by reducing supply. However, BONK has failed to replicate its November success, where a similar event saw prices soar by 56% and market capitalization reach an all-time high of $4.38 billion.
Following the December 26 burn event, BONK's price dropped by 7.2%, amid a broader market decline. Its market capitalization now stands at $2.3 billion.
Community Frustration
The delay in the BURNmas event has sparked frustration within the BONK community. Some users voiced concerns over the team's lack of communication.
A user on X, BestBets, directed criticism toward a Bonk team member known as āNomā:
āPrices keep dropping because you guys don't keep your word and fail to communicate,ā said BestBets.
āLying to the community will cost you progress and coin holders,ā added another user, PootieCoin.
BONK Still Among Top Memecoins
Despite the decline, BONK remains the fourth-largest memecoin by market capitalization, totaling over $105 billion. Its competitors include Dogecoin, Shiba Inu, and Pepe, according to CoinGecko data.
#Bonk , #Memecoinsš¤š¤ , #CryptoNewss , #burning , #PricePredictions2024
Stay one step ahead ā follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.ā
Delayed BURNmas Execution
The Bonk team originally planned to conduct the token burn on Christmas Day, December 25, but delays pushed the event to the following day, December 26. The initiative was part of a marketing campaign that included:
Burning 1,000 BONK tokens for every post on the X platform (formerly Twitter) with the hashtag #LetsBONK.Burning 10,000 BONK tokens for every new follower on Instagram and TikTok.
Initially set to burn 1 trillion tokens, the community's support allowed the burn to reach 1.69 trillion tokens, representing 1.85% of the total supply, which now stands at 90.97 trillion tokens, according to CoinGecko data.
Why Is BONK's Price Falling?
Token burns are typically employed as a strategy to increase value by reducing supply. However, BONK has failed to replicate its November success, where a similar event saw prices soar by 56% and market capitalization reach an all-time high of $4.38 billion.
Following the December 26 burn event, BONK's price dropped by 7.2%, amid a broader market decline. Its market capitalization now stands at $2.3 billion.
Community Frustration
The delay in the BURNmas event has sparked frustration within the BONK community. Some users voiced concerns over the team's lack of communication.
A user on X, BestBets, directed criticism toward a Bonk team member known as āNomā:
āPrices keep dropping because you guys don't keep your word and fail to communicate,ā said BestBets.
āLying to the community will cost you progress and coin holders,ā added another user, PootieCoin.
BONK Still Among Top Memecoins
Despite the decline, BONK remains the fourth-largest memecoin by market capitalization, totaling over $105 billion. Its competitors include Dogecoin, Shiba Inu, and Pepe, according to CoinGecko data.
#Bonk , #Memecoinsš¤š¤ , #CryptoNewss , #burning , #PricePredictions2024
Stay one step ahead ā follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.ā
š£ Big News ! š§
š¦ Shiba Inu BURNING š„
š¶ Floki Inu BURNING š„
š£ Kusama Speaks on Burning 1 Trillion Shiba Inu Tokens
š While Shiba Inu (SHIB) and Floki Inu (FLOKI) are burning tokens like wildfire, there's talk about the difference in the amounts burned by each project.
š“ Claim Free Airdrop
šØāš» Shiba Inu's lead developer, Shytoshi Kusama, explained why they can't match Floki's trillion-token burn. He highlighted Shiba's decentralized nature and his focus on benefiting the community rather than just burning tokens for the sake of it.
š Floki Inu has made waves with its recent burn of over 200 billion tokens, pushing its price to new heights. Despite the difference in burn quantities, both FLOKI and SHIB prices have soared, showing the community's excitement and support for these projects.
šŖ Whether it's trillions or billions, both projects are igniting excitement in the crypto world and proving the strength of community-driven initiatives.
š„ Keep holding, keep burning, and let's see where the meme coin frenzy takes us next! š
claim Free Reward š„
#HotTrends #trendingtopic $SHIB $FLOKI #burning
š¦ Shiba Inu BURNING š„
š¶ Floki Inu BURNING š„
š£ Kusama Speaks on Burning 1 Trillion Shiba Inu Tokens
š While Shiba Inu (SHIB) and Floki Inu (FLOKI) are burning tokens like wildfire, there's talk about the difference in the amounts burned by each project.
š“ Claim Free Airdrop
šØāš» Shiba Inu's lead developer, Shytoshi Kusama, explained why they can't match Floki's trillion-token burn. He highlighted Shiba's decentralized nature and his focus on benefiting the community rather than just burning tokens for the sake of it.
š Floki Inu has made waves with its recent burn of over 200 billion tokens, pushing its price to new heights. Despite the difference in burn quantities, both FLOKI and SHIB prices have soared, showing the community's excitement and support for these projects.
šŖ Whether it's trillions or billions, both projects are igniting excitement in the crypto world and proving the strength of community-driven initiatives.
š„ Keep holding, keep burning, and let's see where the meme coin frenzy takes us next! š
claim Free Reward š„
#HotTrends #trendingtopic $SHIB $FLOKI #burning
$PENGU
Guys best time to buy Pengu I will pump now best chance to recover your losses#USBitcoinReserves #bitcoin #pengu #burning
Guys best time to buy Pengu I will pump now best chance to recover your losses#USBitcoinReserves #bitcoin #pengu #burning
š Why Buy $CAKE Now? š
1ļøā£ š„ Up 37% today, 57% this week!
2ļøā£ š° Number 1 #DEX with 61% market share.
3ļøā£ š #memecoin hype fueling volume.
4ļøā£ š„ Strategic token #burning reduces supply.
5ļøā£ š” New features & constant innovation.
š„ Donāt miss out on this #pump !š
š„BUY THE DIPš„
1ļøā£ š„ Up 37% today, 57% this week!
2ļøā£ š° Number 1 #DEX with 61% market share.
3ļøā£ š #memecoin hype fueling volume.
4ļøā£ š„ Strategic token #burning reduces supply.
5ļøā£ š” New features & constant innovation.
š„ Donāt miss out on this #pump !š
š„BUY THE DIPš„
BNB Foundation Completes 30th Quarterly Token Burn on BNB Chain
The BNB Foundation has announced the completion of its 30th quarterly token burn, removing over 1.6 million BNB from circulation, valued at $1.16 billion. The foundation still aims to reduce the total supply of tokens to 100 million BNB, which means burning an additional 42.47 million tokens.
Token Burn Utilized Auto-Burn and Pioneer Burn Mechanisms
The burn was executed using the Auto-Burn mechanism introduced through BEP-95, which eliminated more than 1.5 million BNB. An additional 110,000 BNB were burned through the Pioneer Burn program.
According to the foundation, these tokens were deemed "irretrievable" by validators on the Beacon Chain and were considered permanently burned. Validators received compensation through the Pioneer Burn Program. Current data shows approximately 142.47 million BNB tokens remain in circulation.
Future Burning Processes to Rely on Auto-Burn
The BNB Foundation plans to continue gradually reducing the token supply using the Auto-Burn mechanism. This system will adjust burn amounts based on the price of BNB and the number of blocks generated on the BNB Smart Chain (BSC) during each quarter, ensuring predictability and transparency.
Burns will be conducted via the āblack holeā address:
0x0000000000000000000000000000000000dEaD
Additionally, the BNB Chain will maintain real-time burning based on gas fees. Since the introduction of BEP-95, nearly 248,000 BNB have been burned using this mechanism.
The Pioneer Burn program will also continue to help users recover tokens lost due to honest mistakes through quarterly burn events.
Binance CEO on Crypto Adoption
Binance CEO Richard Teng stated that cryptocurrency adoption is still in its early stages. He highlighted the misconception that it is "too late" to get involved in crypto, emphasizing the transformative potential the industry still holds.
Teng noted that while early adopters have benefited from their foresight, the opportunities ahead are equally significant.
Using Bitcoin as an example, Teng pointed out that what was once considered impossibleāsuch as a $100,000 priceāhas now become normalized.
"What was impossible yesterday is expected or even ordinary today," said Teng.
He added that the momentum in the cryptocurrency industry is accelerating in 2024 and will likely gain even more speed in 2025.
#Binance , #burning , #CryptoMarket , #CryptoNewss , #cryptocurrencies
Stay one step ahead ā follow our profile and stay informed about everything #important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.ā
Token Burn Utilized Auto-Burn and Pioneer Burn Mechanisms
The burn was executed using the Auto-Burn mechanism introduced through BEP-95, which eliminated more than 1.5 million BNB. An additional 110,000 BNB were burned through the Pioneer Burn program.
According to the foundation, these tokens were deemed "irretrievable" by validators on the Beacon Chain and were considered permanently burned. Validators received compensation through the Pioneer Burn Program. Current data shows approximately 142.47 million BNB tokens remain in circulation.
Future Burning Processes to Rely on Auto-Burn
The BNB Foundation plans to continue gradually reducing the token supply using the Auto-Burn mechanism. This system will adjust burn amounts based on the price of BNB and the number of blocks generated on the BNB Smart Chain (BSC) during each quarter, ensuring predictability and transparency.
Burns will be conducted via the āblack holeā address:
0x0000000000000000000000000000000000dEaD
Additionally, the BNB Chain will maintain real-time burning based on gas fees. Since the introduction of BEP-95, nearly 248,000 BNB have been burned using this mechanism.
The Pioneer Burn program will also continue to help users recover tokens lost due to honest mistakes through quarterly burn events.
Binance CEO on Crypto Adoption
Binance CEO Richard Teng stated that cryptocurrency adoption is still in its early stages. He highlighted the misconception that it is "too late" to get involved in crypto, emphasizing the transformative potential the industry still holds.
Teng noted that while early adopters have benefited from their foresight, the opportunities ahead are equally significant.
Using Bitcoin as an example, Teng pointed out that what was once considered impossibleāsuch as a $100,000 priceāhas now become normalized.
"What was impossible yesterday is expected or even ordinary today," said Teng.
He added that the momentum in the cryptocurrency industry is accelerating in 2024 and will likely gain even more speed in 2025.
#Binance , #burning , #CryptoMarket , #CryptoNewss , #cryptocurrencies
Stay one step ahead ā follow our profile and stay informed about everything #important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.ā
Crypto Coin Burn įįÆįįŗįįį²į· į”įį¼į±į¬įįŗįøį”įįįŗįø
Crypto coins įįįÆ burn įįÆįįŗįį¬įį¬ į”įįįį”į¬įøįį¼įį·įŗ supply įįįÆįį»į¾į±į¬į·įį»įį¼į®įø įįįŗįįįÆįøįįįÆįøį
į±įįįÆį· įį¼į
įŗįį«įįįŗį Burn įįÆįįŗįį²į·į”įį«įį¾į¬, į”į²įį® coins įį½į±įįįÆ įįį¼į±įįįÆįįŗįį²į· wallet (burn address) įį
įŗįįÆįį²įįįÆįįįÆį·įįįÆįįŗįį¬įį¼į
įŗįį¼į®įø, į”įį¼į²įįįŗįøįįÆį¶įøįįįį±į¬į·įį² į
į»į¬įįįį¼į
įŗįį½į¬įøįį«įįįŗį
Crypto Coin Burn įįÆįįŗįįį²į· į”įį¼į±į¬įįŗįøį”įįįŗįø#įį½į±
Supply įįįÆįįįįŗįøįį»įÆįįŗįįįÆį· ā Supply įį»į¬įøįį¬įįįŗ įįįŗįįįÆįøįį»įįį¾į¬įįįÆį·, Supply įįįÆįį»į¾į±į¬į·įį»įįįÆį· burn įįÆįįŗįį¼įį¬įį«į (e.g., BNB quarterly burn)Price įįįÆįį¼į¾įį·įŗįįįÆį· ā Demand į”įį»į¬įøįį¼į®įøįį¾įįįįŗ Supply įįįÆįį»į¾į±į¬į·įįįÆįįŗįįįŗ, įįįŗįįįÆįøįį¼įį·įŗįį¬įįįÆįįŗįį«įįįŗį
Deflationary Mechanism ā įįį»įįÆį· coins įį½į±įį¾į¬ built-in burn mechanism įį«įį¼į®įø, į į»į±įøįį½įįŗįį²įį¾į¬ įį»į¬įøįį¬įį²į· coins įį½į±įįįÆ į”įįįÆį”įį»į±į¬įįŗ burn įįÆįįŗįį½į¬įøįį«įįįŗį (e.g., Shiba Inu, Terra Classic)Transaction Fees Burn ā Blockchain įįį»įįÆį· (Ethereum, BNB Chain) įį½į±įį¾į¬ transaction fees įį įŗį įįįŗįįįįÆįįŗįøįįįÆ burn įįÆįįŗįį²į· mechanism įį½į±įįįŗįøįį¾įįį«įįįŗįCommunity Engagement ā įį įŗįį»įįÆį· projects įį½į±į community vote įį¼įį·įŗ burn įįÆįįŗįį¼į®įø, project įįįÆįįįÆįį¼į®įø decentralized įį¼į įŗį į±įį»įįŗįį¬įį«į#myanmar #Beginnersguide #burning
Crypto Coin Burn įįÆįįŗįįį²į· į”įį¼į±į¬įįŗįøį”įįįŗįø#įį½į±
Supply įįįÆįįįįŗįøįį»įÆįįŗįįįÆį· ā Supply įį»į¬įøįį¬įįįŗ įįįŗįįįÆįøįį»įįį¾į¬įįįÆį·, Supply įįįÆįį»į¾į±į¬į·įį»įįįÆį· burn įįÆįįŗįį¼įį¬įį«į (e.g., BNB quarterly burn)Price įįįÆįį¼į¾įį·įŗįįįÆį· ā Demand į”įį»į¬įøįį¼į®įøįį¾įįįįŗ Supply įįįÆįį»į¾į±į¬į·įįįÆįįŗįįįŗ, įįįŗįįįÆįøįį¼įį·įŗįį¬įįįÆįįŗįį«įįįŗį
Deflationary Mechanism ā įįį»įįÆį· coins įį½į±įį¾į¬ built-in burn mechanism įį«įį¼į®įø, į į»į±įøįį½įįŗįį²įį¾į¬ įį»į¬įøįį¬įį²į· coins įį½į±įįįÆ į”įįįÆį”įį»į±į¬įįŗ burn įįÆįįŗįį½į¬įøįį«įįįŗį (e.g., Shiba Inu, Terra Classic)Transaction Fees Burn ā Blockchain įįį»įįÆį· (Ethereum, BNB Chain) įį½į±įį¾į¬ transaction fees įį įŗį įįįŗįįįįÆįįŗįøįįįÆ burn įįÆįįŗįį²į· mechanism įį½į±įįįŗįøįį¾įįį«įįįŗįCommunity Engagement ā įį įŗįį»įįÆį· projects įį½į±į community vote įį¼įį·įŗ burn įįÆįįŗįį¼į®įø, project įįįÆįįįÆįį¼į®įø decentralized įį¼į įŗį į±įį»įįŗįį¬įį«į#myanmar #Beginnersguide #burning
āIām hearing that LUNC coin might reach $1. But how is that even possible, and why are so many people saying this? Is it actually true? And even if it does go to $1, how many years might it take realistically?
And if it doesnāt reach $1, then with all the burning and everything else going on ā what price could it realistically reach?ā
Please help me experts!!!!
$LUNC $BTC $ETH #burning #hype #luncburn
And if it doesnāt reach $1, then with all the burning and everything else going on ā what price could it realistically reach?ā
Please help me experts!!!!
$LUNC $BTC $ETH #burning #hype #luncburn
$IOTX -10% drop from local resistance at 0.022, shows that there are still 10% of daytraders, which shall be shaken off before breakout at this multiyear lows! š
40%+ are staked IOTEX, 10% are daytraders, 5%+ is burned, 35% are accumulating! ā ļø
$BTC is at 110k, while being heavily inflationary compared to IOTEX! BTC printed 8%+ new tokens while IOTEX erased 5%+ from 100% unlocked supply since 2022! š”
There is a narrative that BTC is truly deflationary and decentralized while both claims are totally false and misleading!
Here are some raw facts:
BTC rolled back a 2010 bug that created 184 billion BTC, yes BILLION - far far away from decentralization! ā ļø
BTC minting will end in 2140, which means it will be eventually fully unlocked INFLATIONARY token, not DEFLATIONARY, and evenmore with a high risk of new supply! ā¢ļø
IOTEX token supply in 2140 could be below 500m while main IOTEX users are devices/machines where each new device connected keeps burning IOTEX supply! š„
IOTEX is truly decentralized, since no hacks or security issues never been reported! ā ļø
$ETH is preparing for next leg up to 3500 range! š
#BullRun2025 #Altseason #DeflationaryMechanism #burning #Binance
40%+ are staked IOTEX, 10% are daytraders, 5%+ is burned, 35% are accumulating! ā ļø
$BTC is at 110k, while being heavily inflationary compared to IOTEX! BTC printed 8%+ new tokens while IOTEX erased 5%+ from 100% unlocked supply since 2022! š”
There is a narrative that BTC is truly deflationary and decentralized while both claims are totally false and misleading!
Here are some raw facts:
BTC rolled back a 2010 bug that created 184 billion BTC, yes BILLION - far far away from decentralization! ā ļø
BTC minting will end in 2140, which means it will be eventually fully unlocked INFLATIONARY token, not DEFLATIONARY, and evenmore with a high risk of new supply! ā¢ļø
IOTEX token supply in 2140 could be below 500m while main IOTEX users are devices/machines where each new device connected keeps burning IOTEX supply! š„
IOTEX is truly decentralized, since no hacks or security issues never been reported! ā ļø
$ETH is preparing for next leg up to 3500 range! š
#BullRun2025 #Altseason #DeflationaryMechanism #burning #Binance
Key Levels for Shiba Inu After a 3,829.51% Surge in Burn Rate
SHIB is Rising, But Can It Break Key Resistance Levels?
Over the past week, the burn rate of Shiba Inu (SHIB) has skyrocketed by 3,829.51%, sparking speculation about a potential price increase driven by a decreasing supply.
At the time of writing, SHIB was trading at $0.00001529, reflecting a 5.88% increase in the past 24 hours. The meme coinās market capitalization surpassed $9.18 billion, strengthening its position in the market.
However, despite this impressive burn rate, the main question remains: Can SHIB sustain this momentum and break through key resistance levels?
Does a High Burn Rate Guarantee Price Growth?
While token burning reduces overall supply, price growth can only be achieved if there is strong buying pressure. A previous 612% increase in the burn rate had minimal impact on SHIB's price due to low market demand.
SHIBās price movement is influenced not just by burning but also by overall market sentiment, trading volume, and accumulation by large investors (whales).
Without rising demand, even a massive token burn may not translate into sustained price growth.
How Many SHIB Holders Are in Profit?
Currently, 40.42% of SHIB holders are in profit, while 55.09% remain at a loss, indicating that they bought at higher prices.
This imbalance could create selling pressure, as investors might exit at break-even points, preventing further growth.
However, if SHIB surpasses the $0.000016 resistance level, it could trigger renewed bullish sentiment and further accumulation.
Technical Analysis: Where Will SHIB Move Next?
The daily chart shows a descending wedge pattern, which often precedes a breakout.
Currently, SHIB is struggling with resistance at $0.00001686 ā if it successfully breaks this level, the next major resistance is at $0.00002011, potentially paving the way for a stronger rally.
Conversely, if SHIB loses support at $0.00001290, a deeper decline could erase recent gains.
Declining New Addresses Despite Price Increase?
On-chain data reveals that the number of new SHIB addresses dropped by 18.83%, signaling weakened retail participation.
Additionally, active addresses decreased by 16.76%, indicating fewer transactions despite the price increase.
On the other hand, whale activity has surged, with transactions over $100,000 increasing by 611.69%, suggesting growing institutional interest. If retail traders return, SHIB could gain further momentum and reinforce its uptrend.
Conclusion: Can SHIB Maintain Its Rally?
While a high burn rate supports price stability, actual growth depends on demand and buying pressure. Breaking through the critical $0.00001686 resistance level is essential for SHIB to sustain its upward trajectory.
If demand remains weak, SHIB may enter a consolidation phase or even retrace. Therefore, despite the significant burn event, long-term price growth will only occur if trading volume and market interest increase simultaneously. š
#SHIB , #memecoinššš , #Shibarium , #CryptoAnalysis , #burning
Stay one step ahead ā follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.ā
Over the past week, the burn rate of Shiba Inu (SHIB) has skyrocketed by 3,829.51%, sparking speculation about a potential price increase driven by a decreasing supply.
At the time of writing, SHIB was trading at $0.00001529, reflecting a 5.88% increase in the past 24 hours. The meme coinās market capitalization surpassed $9.18 billion, strengthening its position in the market.
However, despite this impressive burn rate, the main question remains: Can SHIB sustain this momentum and break through key resistance levels?
Does a High Burn Rate Guarantee Price Growth?
While token burning reduces overall supply, price growth can only be achieved if there is strong buying pressure. A previous 612% increase in the burn rate had minimal impact on SHIB's price due to low market demand.
SHIBās price movement is influenced not just by burning but also by overall market sentiment, trading volume, and accumulation by large investors (whales).
Without rising demand, even a massive token burn may not translate into sustained price growth.
How Many SHIB Holders Are in Profit?
Currently, 40.42% of SHIB holders are in profit, while 55.09% remain at a loss, indicating that they bought at higher prices.
This imbalance could create selling pressure, as investors might exit at break-even points, preventing further growth.
However, if SHIB surpasses the $0.000016 resistance level, it could trigger renewed bullish sentiment and further accumulation.
Technical Analysis: Where Will SHIB Move Next?
The daily chart shows a descending wedge pattern, which often precedes a breakout.
Currently, SHIB is struggling with resistance at $0.00001686 ā if it successfully breaks this level, the next major resistance is at $0.00002011, potentially paving the way for a stronger rally.
Conversely, if SHIB loses support at $0.00001290, a deeper decline could erase recent gains.
Declining New Addresses Despite Price Increase?
On-chain data reveals that the number of new SHIB addresses dropped by 18.83%, signaling weakened retail participation.
Additionally, active addresses decreased by 16.76%, indicating fewer transactions despite the price increase.
On the other hand, whale activity has surged, with transactions over $100,000 increasing by 611.69%, suggesting growing institutional interest. If retail traders return, SHIB could gain further momentum and reinforce its uptrend.
Conclusion: Can SHIB Maintain Its Rally?
While a high burn rate supports price stability, actual growth depends on demand and buying pressure. Breaking through the critical $0.00001686 resistance level is essential for SHIB to sustain its upward trajectory.
If demand remains weak, SHIB may enter a consolidation phase or even retrace. Therefore, despite the significant burn event, long-term price growth will only occur if trading volume and market interest increase simultaneously. š
#SHIB , #memecoinššš , #Shibarium , #CryptoAnalysis , #burning
Stay one step ahead ā follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.ā
$BTTC
The only way this coin can reach $1 is when a high number of coins get burned.
Let it get burned.
#burning
#ElonMuskTwitter
#JustinSun
The only way this coin can reach $1 is when a high number of coins get burned.
Let it get burned.
#burning
#ElonMuskTwitter
#JustinSun
$LUNC šØBreaking NewšØ
The amount burned by tax reached 6 Billion and the day is not finish yet
In my opinion today is possible to reach 10 Billion burned by tax
I always said, more volume = more #burning
Imagine what amount #Binance will burn with this kind of volume ššš
The #lunc holders are not going in panic
Our goal is to reduce the total supply
The trader can do what they want
#roadto1usd
Someone time ago said:
The amount burned by tax reached 6 Billion and the day is not finish yet
In my opinion today is possible to reach 10 Billion burned by tax
I always said, more volume = more #burning
Imagine what amount #Binance will burn with this kind of volume ššš
The #lunc holders are not going in panic
Our goal is to reduce the total supply
The trader can do what they want
#roadto1usd
Someone time ago said:
Shiba Inu Burn Rate Skyrockets 1300%! Can SHIB Reach $0.000081?
The Shiba Inu burn rate has surged by 1300%, with over 30 million tokens removed from circulation in a single day. This development fuels speculation that SHIB's price could soar to $0.000081, as predicted by a leading crypto analyst.
Shiba Inu Tokens Burned at Record Pace! š
According to data from Shibburn, on February 27, the SHIB burn rate skyrocketed by 1306%. This means that 30.15 million tokens were sent to an irreversible address, permanently reducing the circulating supply.
Why does this matter? š„
Burning tokens decreases the total supply, which can lead to higher prices due to reduced availability. This mechanism is a crucial part of SHIBās tokenomics, aiming for long-term price appreciation.
How Many Tokens Have Been Burned So Far? š
The total number of burned SHIB tokens now stands at 410.74 trillion, while the circulating supply remains at 584.32 trillion. In February alone, 257.65 million tokens were burned, reinforcing the ongoing trend.
These figures boost investor confidence, as reducing available supply could drive SHIBās price higher over time. Despite ongoing market uncertainty, the Shiba Inu community remains bullish.
Will SHIB Reach $0.000081? š¤
Currently, Shiba Inu is trading at $0.00001469, reflecting a 3% increase. The token has fluctuated between $0.00001377 and $0.0000147 throughout the day.
Interestingly, SHIB has outperformed Bitcoin and Ethereum, both of which have experienced significant downturns due to concerns over new tariffs introduced by Donald Trump. Meanwhile, meme tokens built on Ethereum have remained resilient.
š Crypto analyst Javon Marks highlighted that SHIB is still holding onto a key breakout level from late 2022/early 2023. Based on historical trends, he predicts a 450% surge, projecting SHIB to hit $0.000081.
Shiba Inuās Bullish Outlook Continues! š¶š
Despite market volatility, investors remain optimistic about SHIBās future. The combination of accelerated token burning, positive technical indicators, and increasing demand suggests the potential for further price growth.
š Will Shiba Inu hit $0.000081? What do you think?
#SHIB , #Shibarium , #CryptoNewss , #burning , #CryptoMarket
Stay one step ahead ā follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.ā
Shiba Inu Tokens Burned at Record Pace! š
According to data from Shibburn, on February 27, the SHIB burn rate skyrocketed by 1306%. This means that 30.15 million tokens were sent to an irreversible address, permanently reducing the circulating supply.
Why does this matter? š„
Burning tokens decreases the total supply, which can lead to higher prices due to reduced availability. This mechanism is a crucial part of SHIBās tokenomics, aiming for long-term price appreciation.
How Many Tokens Have Been Burned So Far? š
The total number of burned SHIB tokens now stands at 410.74 trillion, while the circulating supply remains at 584.32 trillion. In February alone, 257.65 million tokens were burned, reinforcing the ongoing trend.
These figures boost investor confidence, as reducing available supply could drive SHIBās price higher over time. Despite ongoing market uncertainty, the Shiba Inu community remains bullish.
Will SHIB Reach $0.000081? š¤
Currently, Shiba Inu is trading at $0.00001469, reflecting a 3% increase. The token has fluctuated between $0.00001377 and $0.0000147 throughout the day.
Interestingly, SHIB has outperformed Bitcoin and Ethereum, both of which have experienced significant downturns due to concerns over new tariffs introduced by Donald Trump. Meanwhile, meme tokens built on Ethereum have remained resilient.
š Crypto analyst Javon Marks highlighted that SHIB is still holding onto a key breakout level from late 2022/early 2023. Based on historical trends, he predicts a 450% surge, projecting SHIB to hit $0.000081.
Shiba Inuās Bullish Outlook Continues! š¶š
Despite market volatility, investors remain optimistic about SHIBās future. The combination of accelerated token burning, positive technical indicators, and increasing demand suggests the potential for further price growth.
š Will Shiba Inu hit $0.000081? What do you think?
#SHIB , #Shibarium , #CryptoNewss , #burning , #CryptoMarket
Stay one step ahead ā follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.ā
Hello everyone
šØbreaking newsšØ
#BINANCE burned 1.4 Billion of $LUNC
#WEEX burned 5.1 Milion of LUNC
Those amounts are related to April
As you know those amounts are less than expected because in April the volume of trading was low due to BTC halving, Middle East crisis and FED decision of cutting interest percentage
All crypto are down following BTC as always and this is clear, but a bullrun is near
Always thanks to the #Community for keep going and supporting the #burning of LUNC
Please share the message šš«¶
Let's gooo, be positive šŖšŖšŖššš
#roadto1usd
šØbreaking newsšØ
#BINANCE burned 1.4 Billion of $LUNC
#WEEX burned 5.1 Milion of LUNC
Those amounts are related to April
As you know those amounts are less than expected because in April the volume of trading was low due to BTC halving, Middle East crisis and FED decision of cutting interest percentage
All crypto are down following BTC as always and this is clear, but a bullrun is near
Always thanks to the #Community for keep going and supporting the #burning of LUNC
Please share the message šš«¶
Let's gooo, be positive šŖšŖšŖššš
#roadto1usd
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