Hey Binance Square fam! 👋 Let’s talk about Shiba Inu (
$SHIB ) because something HUGE just happened—410.74 TRILLION SHIB have officially been burned! That’s over 41% of the total supply… gone forever. 🚀
Why This Matters:
Less Supply = More Demand: Basic economics—when tokens get scarcer, prices can pump if demand stays strong.
Vitalik’s Mega Burn: Remember when Ethereum’s Vitalik Buterin burned 410T SHIB in 2021? That alone wiped out 90% of his stash.
Burns Still Happening: Just last week, 687M SHIB were burned, with the burn rate spiking 481%! 🔥
What’s Next for SHIB?
Shiba Inu isn’t just a meme coin anymore—it’s evolving:
Shibarium (L2): Faster, cheaper transactions.
Shib Alpha Layer: A new rollup tech to boost scalability.
Web3 Gaming: Partnering with TokenPlayAI for next-gen gaming.
Final Thoughts:
With massive burns, Shibarium growth, and real utility, SHIB is shedding its "just a meme" rep. Could this be the start of a new bull run? 🤔
#SHIB #Shibarium #CryptoNews #Memecoins #BinanceSquare