Post
Topic
Board Altcoin Discussion
Re: Billions burning rate
by
wxa7115
on 18/08/2022, 04:57:37 UTC
What do you think about Shiba inu billions of tokens getting burned from time to time? How do you think this will affect the price in the few years to come? Do you think believe that Shiba could kill two zeros in the next bull market? .
It is important to keep things on perspective when we are trying to make a prediction or asking for the opinion of others about the validity of our ideas.

The price of Shiba could be in fact be affected by so many coins being burned but it is not going to grow nowhere near as much, as you basically want the coin to go up 100x its current price and that is simply not possible for a coin that is nothing more but a meme coin, which may not even be popular by the time the next bull run appears.