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# MileiMemeCoinControversyJavier Milei, the President of Argentina, recently promoted a meme coin called $LISTA BRA, which saw a rapid surge in value before experiencing a sharp collapse. This led to significant losses for around 40,000 investors. Milei claimed that he was unaware of the full details of the project and admitted that promoting it was a mistake. Despite this, political opponents have called for his impeachment, accusing him of involvement in a crypto scam. Milei's office stated that he was not directly involved in the development but met with representatives from the involved companies. The incident has raised concerns about his credibility and shaken investor confidence in his administration.
#BTCNextATH
#BTCNextATH
#BNBRiseContinues
Binance Coin $BNB
$BNB , the native cryptocurrency of the Binance ecosystem, has recently experienced a significant surge, reaching an all-time high of $794.3.
Several factors have contributed to this impressive rise:
Expanding Binance Ecosystem: Binance's continuous expansion, including the launch of innovative features and support for new projects, has increased demand for BNB.
BNB Burning Mechanism: Binance regularly burns a portion of BNB tokens to reduce supply, creating scarcity and potentially driving up the token's value.
DeFi and NFT Integration: BNB's deep integration into the DeFi and NFT markets has expanded its use cases, further boosting demand.
These developments reflect growing confidence in the Binance ecosystem and suggest potential for further upward momentum in BNB's value.
#BNBRiseContinues $BNB
Binance Coin $BNB
$BNB , the native cryptocurrency of the Binance ecosystem, has recently experienced a significant surge, reaching an all-time high of $794.3.
Several factors have contributed to this impressive rise:
Expanding Binance Ecosystem: Binance's continuous expansion, including the launch of innovative features and support for new projects, has increased demand for BNB.
BNB Burning Mechanism: Binance regularly burns a portion of BNB tokens to reduce supply, creating scarcity and potentially driving up the token's value.
DeFi and NFT Integration: BNB's deep integration into the DeFi and NFT markets has expanded its use cases, further boosting demand.
These developments reflect growing confidence in the Binance ecosystem and suggest potential for further upward momentum in BNB's value.
#BNBRiseContinues $BNB
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Binance is giving away 4,000 PEPE tokens every day just for logging in! 📅 Keep collecting daily to earn up to 120,000 PEPE tokens for free! 💰
🕒 Activity Ends: March 14, 2025 (UTC)
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#learn2earn
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3 earn by participate in quiz
$USDC
1 tap to learn to earn
2 participate in ongoing activities
3 earn by participate in quiz
$USDC
Can Shiba Inu ($SHIB ) Really Hit $1? The Hard Truth
The dream of Shiba Inu ($SHIB ) reaching $1 is an enticing one, but the numbers tell a different story. Based on the current burn rate, it would take an astonishing 20,460 years to reduce the token supply enough to justify such a price. To make this a reality, investors would need to burn 99.99998% of the total circulating supply—effectively eliminating nearly all of the 589.5 trillion tokens, leaving behind just 13 billion. However, with only 2.4 billion tokens burned in the past month, the annual burn rate stands at just 28.8 billion—far from sufficient to make a meaningful impact in the near future.
$SHIB
Even more concerning is the fact that burning tokens does not inherently create value. While reducing the supply can make each remaining token appear more valuable by increasing its price, it does not increase the market cap or overall worth of the asset. In essence, holders would end up with significantly fewer tokens, each priced higher, but their overall financial position would remain unchanged.
In a hypothetical scenario where all necessary tokens were burned over thousands of years, the total market cap of Shiba Inu would still be around $13 billion. This means that despite the extreme reduction in supply, the net financial position of investors would stay the same. Unfortunately, this makes the goal of reaching $1 per token a mathematical and economic impossibility under current conditions.
#MicroStrategyAcquiresBTC
#BinanceAlphaAlert
what all your opinion
The dream of Shiba Inu ($SHIB ) reaching $1 is an enticing one, but the numbers tell a different story. Based on the current burn rate, it would take an astonishing 20,460 years to reduce the token supply enough to justify such a price. To make this a reality, investors would need to burn 99.99998% of the total circulating supply—effectively eliminating nearly all of the 589.5 trillion tokens, leaving behind just 13 billion. However, with only 2.4 billion tokens burned in the past month, the annual burn rate stands at just 28.8 billion—far from sufficient to make a meaningful impact in the near future.
$SHIB
Even more concerning is the fact that burning tokens does not inherently create value. While reducing the supply can make each remaining token appear more valuable by increasing its price, it does not increase the market cap or overall worth of the asset. In essence, holders would end up with significantly fewer tokens, each priced higher, but their overall financial position would remain unchanged.
In a hypothetical scenario where all necessary tokens were burned over thousands of years, the total market cap of Shiba Inu would still be around $13 billion. This means that despite the extreme reduction in supply, the net financial position of investors would stay the same. Unfortunately, this makes the goal of reaching $1 per token a mathematical and economic impossibility under current conditions.
#MicroStrategyAcquiresBTC
#BinanceAlphaAlert
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📢 Share Your Trades to Unlock 5,000 USDC Rewards!
The #TradeStories Trade Sharing Challenge is live. Showcase your trading skills, share your strategies, and earn your share of 5,000 USDC in rewards!
💬 Today's Topic: #TradeOfTheWeek
Share your best trade of the week:
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