Shiba Inu Coin | A Few Hurdles Ahead For #SHIB Burns, Can You Help?!

I agree that if we don’t have access to burn anymore due to holders, that won’t be the greatest thing….
…However let’s consider some things. Firstly, even if we didn’t burn anything and had 550T circulating with a modest MC of $600B we still would be about $0.001. That is a very modest MC eval considering that Bitcoin hit MC $1.2T not long ago when it was only about $40B in 2020. Point is MC will go up over time. In the next few years BTC will MC in Trillions. It isn’t far fetched that Shib can hit MC in trillions in a few years as well (especially with utility).
… Secondly, people will be buying and selling Shib constantly. Even HODLers like us. When it nears a penny people will want to take some profits, sell off, freeing tokens for burn availability. I assume even whales and retail investors will want to take some profits here and there.
.. in the meantime I think all we can do is what we been doing, with the burn parties, and ad revenue from YT videos and apps and games going to burns, and let the devs develop the rest.
Ideally I would say the devs should have a transaction fee in Shibarium every time Shib is moved around that a percentage is burned.
They probably already are, they seem to be 10 steps ahead IMO.
And the metaverse renaming of lands/adding pics/graphics – burn, is really smart. These retail investors and whales who own plots of land and want to advertise would be forced to start burning some of their hoarded supply.
Plus the devs have many things in the making we don’t even know about yet.
With all that being said…
As long as Shib will continue to have a presence in the real world as a utility it will go up no matter what, just burns will make the process faster especially while tokens are cheap now. So if whales and retail investors don’t buy up a ton of tokens in the next year or two we could probably burn hundreds of trillions. If they buy up so much that we cannot burn enough well it might just take 5+ years to reach $0.01, $0.10, etc.
One last thing.. if we hit a MC that’s hard to surpass and HODLers make it impossible to burn anymore, that stagnation of price over time will cause many to want to sell because they aren’t making any money anymore, freeing up supply to be burned.
As long as utility is there and a burn mechanism, it’s all just a matter of time.. because quite honestly crypto in general isn’t going anywhere but forward.
just my $0.02..

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One way to kill a zero is to buy a zero, if you have 10M buy 100M , want to earn more than buy more, I keep hearing we need to get more people to buy, this is true but we also need to buy more ourselves, our future selves will be glad you did 🙂

If we 3 billion shib burnt every week
52 (weeks in a year) x 3
That 156 billion shib a year
1 trillion / 156 = 6.41
That’s 6 years to burn a trillion shib
We need to burn 6 billion a week to burn 1 trillion shib in 3 years 🙏🏽

We need to burn 8 billion shib a week to burn a 1 trillion in 2 years . Are we strong enough? 🤓 we are the strongest crypto community like no other🤩🤩🤩

How many of those top whales are exchanges? I hold hundreds of millions in an exchange staked

#BeABro!

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Reverse split is the best option!!!

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Your content always seems to have the most insight on shiba inu. I like how you ask challenging questions also instead of just catering to them also.

I heard a trillion tokens were burned last week according to one youtube channel. Or was that just BS?

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