🔥 The year has kicked off with an incredible surge in the burn rate of SHIB, reaching an astonishing 2,552.62% in the past 24 hours! 📈 This has resulted in a total of 129,716,497 SHIB being sent to dead wallets, thanks to contributions from multiple wallets.
💥 The largest contribution to the burn address came from 0x5493281, totaling 66,339,884 SHIB, with other major contributions worth 50,422,597 SHIB. As of now, an impressive 410,680,586,707,785 SHIB have been burned, valued at approximately $4,254,650,878.29 - just a step away from Shiba Inu’s market capitalization of $6,102,470,848.
🔄 Despite the progress in the burn rate, a more aggressive approach is needed to reach the ultimate target of the meme coin project. The bullish trend in burn rate has yet to be fully reflected in SHIB's current price, which stands at $0.00001036, experiencing a slight dip of 1.50% in the past 24 hours.
🚀 In the short term, expectations are high that the token burn will be factored in, sparking the much-anticipated recovery in the price of SHIB.
🔄 Currently, the SHIB burning program is manual, with community members sending designated tokens to the burn address. However, exciting developments are underway! After months of hard work, a burn portal is set to be introduced on the Shibarium Layer-2 scaling solution, transitioning from manual to automatic mode. This is expected to enhance the efficiency of Shiba Inu’s deflationary campaign, potentially having a positive long-term impact on SHIB’s price.
Stay tuned for more updates! 🚀🌕 #ShibaInu #SHIB #CryptoNews #TokenBurn #Shibarium #ToTheMoon 🚀🌕
Shiba Inu, making waves in the meme coin market, is lighting up the charts with immense enthusiasm from our incredible investors and community! 🚀💙
📈 On-chain data from Whale Alert just unveiled a mind-blowing 4.25 trillion token shuffle between wallets, pointing to a tidal wave of interest from our fantastic investors. The Shiba Inu spirit is alive and thriving! 🔥💰
👥 Join the movement and be part of the excitement! The Shiba Inu community is buzzing with energy, and we can't wait for you to be a part of it.
📈 Shiba Inu's burn rate skyrockets by an astonishing 2700% amidst a market dip!
🔥 14.87 million SHIB incinerated in the last 24 hours, with a whopping 2752.41% surge in burn rate!
🚀 Shibarium, the layer 2 solution, pushing Shiba Inu beyond meme coin status. Now supporting NFTs, metaverse apps, and gaming!
🔥 Noteworthy transactions:
Address 0xa9d1e.. burns 957,395 SHIB today. Two transactions burning 594,525 SHIB each on Dec 29. Shiba community burns a massive 13.14 million SHIB on Dec 29! 🌐 Shibarium Stats:
Over 7.8 million daily transactions. Supported by 1.3 million unique wallet addresses. Stay tuned for the Shiba Inu burning saga and Shibarium's rise to new zeniths! 🚀🔥 #ShibaInu #Shibarium #CryptoNews $SHIB
💰 Here’s How Much Shiba Inu You need to Make $1M if SHIB hits $0.001, $0.005 or $0.009
Shiba Inu (SHIB) enthusiasts are dreaming big, projecting ambitious price targets for the token. The question on everyone's mind: How much SHIB is needed to turn a $1 million profit at different price points? Let's break it down.
Shiba Inu Needed to Make $1M if SHIB Hits $0.001 🚀
For the audacious $0.001 target, considered a formidable goal, an investor would need 1 billion SHIB tokens. With SHIB currently trading at $0.00001100, acquiring this fortune would require a $11,000 investment, potentially yielding a return of $989,000. Achieving this would demand a remarkable 9,090% surge from the current price, a feat not unprecedented for SHIB.
Shiba Inu Needed to Make $1M if SHIB Hits $0.005 🌐
Stepping up the game, the $0.005 target demands 200 million SHIB tokens. Currently valued at $2,200, this investment could translate into a million-dollar return. The required rally for SHIB to reach $0.005 is approximately 45,454%, a significant leap but within the realm of crypto market unpredictability.
Shiba Inu Needed to Make $1M if SHIB Hits $0.009 🚀
The $0.009 target, the pinnacle of ambition, would necessitate 111.1 million SHIB tokens, costing an investor $1,222. Reaching this price level would demand an astounding 81,818% increase, an improbable scenario given SHIB's current circulating supply. Reaching $0.009 would catapult SHIB's market cap to $5.28 trillion.
SHIB has showcased resilience and popularity, securing a spot among the top 20 cryptocurrencies. However, realizing these ambitious targets hinges on factors like widespread adoption, ecosystem breakthroughs, and influential endorsements.