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SHIB
0.00001466
-0.20%
BONK
0.00002014
+1.15%
FLOKI
0.00009992
+0.31%
4.9k
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Miner777
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Future Millionaire
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Do you think I can get all my $5,000 back? I first invested $3,000 in Trump Coin when it was $60, but then it dropped to $9, resulting in a loss of $3,000. After that, I noticed Pi growing and decided to invest $2,000 when it was $2.85, but it also dropped to $0.70. Now, I have decided to invest in these coins and give myself five years to see if I can recover all the money I've lost in crypto trading
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Why is $SHIB A INUās burn rate skyrocketing but the price isnāt rising? Recently, weāve seen an explosive increase in SHIB tokens being burned ā over a 100,000% surge in just 24 hours! Sounds impressive, but the price hasnāt moved up significantly. How is that possible? Hereās a quick breakdown: 1. Burning reduces supply but doesnāt guarantee higher demand Burning tokens means fewer SHIB are available on the market. But for the price to rise, demand has to increase or at least stay steady. If buyers donāt step up, the price may not react immediately. 2. Market speculation can offset burn effects Some investors might sell anticipating quick profits from the burn news, putting temporary downward pressure on the price. 3. Multiple factors influence price simultaneously Overall crypto market sentiment, macroeconomic events, and large sell-offs can keep the price down even as supply shrinks. 4. Burn effects take time to reflect in price Supply reduction supports price growth in the medium to long term, but itās not always instant. It may take days or weeks for the burnās impact to show. Bottom line: The massive SHIB burn is a positive signal for tokenomics and tightens supply. However, for the price to jump, sustained demand and favorable market conditions are needed. So, patience and close watching are key. #SHIB #SHIBA #CryptoBurn #CryptoNews #Write2Earn
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Buy more $BTC . I am investing all my money on $BTC
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