Burning 410.75 trillion SHIB: A significant step in the supply reduction journey
Could a meme coin b
Burning 410.75 trillion SHIB: A significant step in the supply reduction journey Could a meme coin become a cornerstone of Web3 networks? Shiba Inu says yes. Shiba Inu The Shiba Inu meme coin continues to gain notoriety for its aggressive moves to reduce the supply of its tokens, through continuous burning mechanisms aimed at reducing inflation and improving market value in the long term. Over 410 trillion SHIB have been withdrawn from circulation. According to Shibburn, a website that tracks burns on the Shiba Inu network, 410,749,550,095,727 SHIB tokens have been permanently burned as of mid-June 2025. This massive number represents more than 41% of the total initial supply of 1 quadrillion (10^15) tokens, making Shiba Inu one of the most active coins in supply reduction strategies. One of the most notable historical burns was carried out by Ethereum co-founder Vitalik Buterin, who donated and then burned approximately 410 trillion tokens of his stake in May 2021, representing 90% of what he received from the Shiba Inu project. Live statistics from the ecosystem Total remaining supply: approximately 589.25 trillion tokens. Number of tokens burned in the last 24 hours: 537,187,730 tokens, a daily burn rate of over 3,000%. Number of tokens burned in one week: 1,181,464,779 tokens, an increase of 887% over the previous week. These numbers indicate that burns are not a one-off event, but rather an ongoing policy adopted by the community and developers to create a positive inflationary effect on the currency. Partnerships and technical expansion As part of the development of the $SHIB project, the network announced a strategic partnership with TokenPlayAI, an AI-powered gaming platform operating within the Web3 environment, opening up new avenues for the use of SHIB in the field of digital gaming. New technologies were also revealed, the most important of which are: Shib Alpha Layer: A consolidation layer developed by ElderLabs, enabling the acceleration and orchestration of RollApps on the Shibarium network. Shib Rollups platform: Allows developers to create their own Layer-2 chains on the Shiba network, increasing scalability and expanding the scope of use. What's next for Shiba Inu? In recent statements, prominent developer Kaal Dhairya indicated a radical shift is coming to the project, describing the next phase as the beginning of the "Sheba Alpha era," where technologies like FHE for full data encryption will be introduced, along with the ability to deploy open-source RollApp applications. He explained that these steps aim to end SHIB's classification as a meme coin and transform it into a fully integrated blockchain network with a robust infrastructure. a summary As it continues to burn billions of tokens and expand its tech partnerships, SHIB appears to be seriously pursuing a future that transcends memes and embraces scalable, real-world uses. With the advent of Layer-2 technologies and artificial intelligence, 2025 could be a pivotal year in redefining Shiba Inu's identity as a fully fledged blockchain project. Do you think Shiba Inu will transform from a meme coin into a true competitor to Ethereum? Share your opinion with us. #SHIBAš #shibaā” #Shibainuholder #SHİB
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BIO Coin Price Prediction After Launchpool š Short-Term Forecasts (Next 7-14 Days): 1. Potential Price Surge: BIO's value may rise by 15-25%, driven by the excitement surrounding its listing on Binance Launchpool. 2. Increased Trading Activity: Anticipate elevated trading volumes in the initial days post-listing, which could result in significant price fluctuations. Mid-Term Forecasts (Next 1-3 Months): 1. Price Stabilization: Following the initial surge, BIO's price is expected to stabilize, potentially fluctuating between $0.50 and $1.50. 2. Impact of Partnerships and Adoption: The extent of Bio Protocol's collaborations and user adoption will play a crucial role in influencing BIO's market value. A robust network effect may contribute to price appreciation. Long-Term Forecasts (Next 6-12 Months): 1. Advancement of Decentralized Science (DeSci): As DeSci solutions gain momentum, BIO's price could experience a substantial increase, potentially ranging from 50% to 100% or more. 2. Ecosystem Expansion: The growth of Bio Protocol's ecosystem, including the development of new applications and services, will be vital for BIO's sustained success. ā¤ļøLIKE š«FOLLOW š³REQUOTE OR RESHARE āØļø COMMENT š«Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice. #BinanceSeason
Scroll ($SCR) on Binance Launchpool - Price Prediction & Growth Potential
Are you interested in Ethe
#SCRLAUNCHPOOL Scroll ($SCR) on Binance Launchpool - Price Prediction & Growth Potential Are you interested in Ethereum Layer-2 networks? Curious about the future price trajectory of $SCR? Check out this post to explore insights about Scroll, one of the most successful Layer-2 networks in the current market. #SCRLAUNCHPOOL #BINANCELAUNCHPOOL I. What is Scroll? Scroll is a Layer-2 solution that uses zero-knowledge proofs to scale Ethereum. It bundles transactions off-chain and verifies them on the mainnet, reducing costs and processing times. This makes Ethereum more efficient and accessible. Scroll aims to solve Ethereum's scalability challenges by leveraging the power of zkEVM, a technology that allows for secure and scalable transactions on the Ethereum network. How does Scroll work? Scroll operates based on four key principles: User Security: Scroll prioritizes user security by leveraging the robust security features of Ethereum. EVM Compatibility: Scroll maintains compatibility with the Ethereum Virtual Machine (EVM), allowing developers to migrate their existing applications without extensive changes. Efficiency: Scroll aims to provide low transaction fees and quick processing times, offering a great user experience without compromising security. Decentralization: Scroll is committed to decentralization across all layers of its community, promoting a resilient and vibrant ecosystem. Scroll's Key Features Enhanced Scalability: Scroll increases Ethereum's transaction throughput by processing transactions off-chain, easing network congestion. Reduced Gas Fees: Scroll mitigates high gas fees by managing transactions off-chain, making it more financially viable for microtransactions and broader applications. Security and Decentralization: Unlike many scaling solutions, Scroll maintains a focus on both security and decentralization. It leverages Ethereum's existing security model and cryptographic proofs to ensure transaction integrity without compromising blockchain principles. Hierarchical Zero-Knowledge Proof System: Scroll leverages a zero-knowledge proof system to ensure efficient verification while maintaining compatibility with Ethereum's existing infrastructure. Communication Channels: Scroll is designed to integrate with other Layer-2 networks, fostering collaboration and partnerships between various decentralized applications. Layer-2 Mining: In Scroll's ecosystem, users can mine zero-knowledge proofs, reducing the issue of maximal extractable value (MEV). SCR's Uses Cases SCR will play a crucial role in governing and decentralizing the Scroll protocol. It will initially be used as a governance mechanism and eventually evolve into a protocol utility token. Key Governance Rights: Governance Right: SCR will decentralize governance via the Scroll DAO, ensuring community control over the network. Proving Right: SCR will incentivize external parties to run provers and optimize prover performance, ensuring long-term sustainability. Sequencing Right: SCR will be integral to decentralizing the sequencer, ensuring optimal user experience and finality guarantees. Broader Use Cases: SCR will have a significant impact on aligning the community, ecosystem projects, and contributors, providing a robust and user-friendly rollup experience. II. Launchpool & Token InformationsĀ Ā Token Name: Scroll (SCR) Total Token Supply: 1,000,000,000 SCR Launchpool Token Rewards: 55,000,000 SCR (5.5% of total token supply) Hourly Hard Cap per User:Ā 97,395 SCR in BNB pool 17,187 SCR in FDUSD pool Supported Pools:Ā Stake BNB: 46,750,000 SCR in rewards (85%) Stake FDUSD: 8,250,000 SCR in rewards (15%) Farming Period: 2024-10-09 00:00 (UTC) to 2024-10-10 23:59 (UTC) (2 Days) Donāt fade on Scroll, participate in the launchpool now š Join Scroll Launchpool Now Donāt have an account? Register & Trade Now to Get a 10% Fee Discount šĀ Trade Now With a Permanent 10% Reduced Fee III. Scroll Price Prediction & Our POV Price Prediction Circulating Supply: 190,000,000 (19.00% of total token supply) Total Supply: 1,000,000,000 SCR Pre-market Price: $1.5 - $3.0 (~$300M - $500M Market Cap)Ā Token Distribution: Airdrops: 15% (7% initial, 8% future) - Reward on-chain users and community contributors. Ecosystem & Growth: 35% (10% DAO Treasury, 5.5% Binance, 19.5% ecosystem partners) - Promote the Scroll ecosystem and community. Scroll Foundation Treasury: 10% - Fund Scroll Foundation's operations. Core Contributors: 23% - Reward core team, future team, and advisors. Investors: 17% - Reward initial investors. As of October 9th, 2024, Scroll is currently the 6th largest Ethereum Layer-2 network and the 1st ZK chain by TVL (US$1.15Bn as of Sep 15, 2024), exceeding Linea, zkSync, Starknet, Taiko and Polygon zkEVMĀ with the total TVL of $1.22B.Ā Scroll has demonstrated exceptional network health compared to other Layer-2 solutions. Despite being relatively new, it boasts nearly 240K weekly active addresses, ranking 6th in the standings. This impressive performance highlights Scroll's ability to attract and retain users. Moreover, Scroll's ecosystem is rapidly growing, with over 63 projects currently active. This signifies a promising trajectory and aligns with the vision and features that have attracted developers and projects from the broader blockchain industry. While recent tech-focused projects like EigenLayer and Toncoin have garnered significant hype, Scroll has quietly demonstrated impressive growth and potential. Despite not reaching the same level of publicity, Scroll's impressive $80 million in funding and $1.8 billion valuation highlight its strong market position and future prospects. In our opinion, $SCR could potentially reach an all-time high price of around $3.0 - $4.0, amounted to $570M - $760M market cap and $3B - $4B FDV. Subsequently, $SCR's market capitalization might fluctuate near the $200M - $400M mark, corresponding to a price of approximately $1.5 - $2.0 per $SCR Our POV Pros: High Performance: Ranking #6 among all L2s network and #1 in ZK Chain by TVL, has a large and supportive community with over 5.8M unique users on the network. Innovative Design: Scroll is a fast, secure Ethereum Layer-2 network with low gas fees, powered by innovative Zero-Knowledge technology. Strong Funding & Backing: Scroll has raised a total of $80M over two funding rounds and backed by top-tier VCs such as Polychain Capital and Variant. All Exchange Listing: Scroll will be listed on all major exchange on October 11th including Binance, OKX and Bybit. Low Sell Pressure: Only 19% of SCR will be available upon listing, with 7% allocated for community airdrops and the rest locked for one year to minimize selling pressure. Cons: Low Float - High FDV: Scroll's tokenomics, while aligned with industry standards for high-profile projects, may be perceived as less community-focused compared to some other projects. This trade-off is often made to incentivize development and attract investment, but it can also raise concerns about the project favorable stance towards early investors Absence of a Clear Roadmap: While there are currently plans to improve the network, Scroll overall vision for the future has not been properly announced yet. Community Allocation: Scroll's community allocation of 15% (divided into two airdrops) may be perceived as less generous compared to some other projects. While this might not impact investors solely focused on token potential, it could negatively affect community members, particularly those expecting larger airdrops