“I’ve decided to burn 90% of the remaining shiba tokens in my wallet. The remaining 10% will be sent to a (not yet decided) charity with similar values to cryptorelief (preventing large-scale loss of life) but with a more long-term orientation,” he said in a note attached to another transaction at the same time. Should this be applauded or criticized? after Elon is Vitalik =]]
https://www.coindesk.com/vitalik-buterin-burns-6b-in-shib-tokens-says-he-doesnt-want-the-powerBurning should raise the price in the future right? because the coins in circulation will decreased.
But the problem is that this is just a meme coin, and just another hype in today's crypto market so I don't know if the price can sustained long run. What if there is a new meme coin in town? For sure investors are going to shift to the latest leaving Shiba Inu's price going south.