فينسيا كابيتال - Venice capital

Bitcoin is under a very strong area, which is the 101541 level, so we wanted to maintain an upward trend. In my view, it must break this level in order for us to maintain the upward trend, then 104630, then break the top and target the 110 and 112 thousand levels.
#RideTheKaiaWave

One of my favorite currencies
BNB Coin: The Future of Cryptocurrencies

Launched by Binance in 2017, BNB is one of the most widely used and stable cryptocurrencies. It started as an ERC-20 token on the Ethereum network, but later migrated to its own network, Binance Chain, which enhanced its performance and value.

BNB Features:

1. Lower trading fees: It provides discounts on trading fees within the Binance platform.

The burning rate of a digital currency exploded by 7,687,000% The burning rate of a digital currency exploded by 7,687,000% The Amazing Shiba In an amazing transformation, the burning rate of the Shiba Inu increased by an amazing rate of 7,687,000% within 24 hours. Resulting in approximately 8.35 billion SHIB being burned from the total supply. Meanwhile, this unprecedented increase in burning activity comes on the heels of an update from the Shiba Inu's lead developer, Kaal Dhairya. Which reveals the introduction of Shibarium's revolutionary token burning mechanism. It is worth noting that this mechanism, is strategically designed to reduce the token supply and enhance the value of the network. It sparked speculation in the cryptocurrency community, especially in the meme sector.Shiba Inu burn rate rises to 7,687,000% The recent spike in Shiba Inu burn activity can be attributed. Which saw 8.35 billion SHIB burned in just 24 hours, implementing Shibarium's pioneering token burning mechanism. It is worth noting that Shepburn's report showed that the amount of burn reflects an increase of 7,686,774.46% from yesterday, with only six transactions recorded. The highest two transactions during the past 24 hours were 8.24 billion and 100 million, respectively. After the recent burn activity, the total number of SHIB tokens burned from the initial offering reached 410.67 trillion. However, the current circulating supply stands at 580.51 trillion. Meanwhile, through a recent blog post on the X platform, the lead developer of the Shiba Inu, Kaal Dhairya, highlights the transformative process. With an emphasis on its importance to the economic model of the network. The burning mechanism unfolds in two crucial stages: a manual stage, allowing precise control through the publisher's official wallet. The automated transition, which is scheduled to begin in January 2024, is in the manual phase. Stakeholders carefully manage the incineration process to align with the health and sustainability of the network. This initial phase requires coordination with validators and node operators, laying the foundation for a smooth transition. However, as the mechanism develops, the automated phase will begin. It will bring with it multiple upgrades to enhance efficiency and transparency. According to the update, predefined rules will govern this automated burning process. This ensures a simplified and efficient reduction of token supply. A Closer Look at the Report Central to the success of the Shibarium burn mechanism is the network adoption rate. at the same time. As the Shiba Inu experiences a surge in transactions and a spike in gas fees, reaching a staggering 1,000% increase, the token burning process is also intensifying. It is worth noting that this symbiotic relationship creates a self-sustaining cycle where increased network usage directly contributes to growth Accelerated burning of tokens, promoting a strong ecosystem. However, despite the significant increase in the burning rate of SHIB. The Shiba Inu's performance has struggled to show any positive trend. As of writing, the price of the Shiba Inu has fallen by 0.55% in the past 24 hours and is trading at $0.000009128. While its one-day trading volume fell by 1.62% to $444.83 million.At the same time, the blog also showed that Puppynet, Shibarium's test network. It is currently undergoing a major transformation by moving the underlying Layer 1 (L1) infrastructure from the Goerli network to the Sepolia network. This strategic move is a response to the continuing progress in blockchain technologies. Emphasizing the importance of adapting to more scalable and efficient infrastructures to enhance overall performance and capabilities. However, the outlook for Shibarium's token burning mechanism looks promising. Through planned upgrades and the intrinsic link between network adoption and burning efficiency. The mechanism is poised to become a key pillar of Shibarium's economic strategy. In addition, the move to Sepolia, along with improvements in transaction speeds. Smarter contract functionality and user experiences position Shibarium as a leader in blockchain innovation.