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? .
Well in general i always like projects that are burning tokens from time to time because this means that the supply becomes lower and therefore the token becomes inflationary which is usually always good for the price of the tokens. In regards to the burn of SHIB: Burning Billions of tokens sounds like a huge number at the first glance maybe but if you look at their maximum supply then you will see that a billion token is way less than 1%, even less than 1 per thousand, so the effects of burning a billion SHIB tokens are close to none in my opinion. In addition to that, SHIB is just a useless meme-coin and without a use case burning tokens also won't do anything.
Agree, no matter how many tokens are burned or the supply is limited, with a coin without utility it is very difficult to grow and become a popular coin, it is useless.
Overall shiba is one of the very impressive memecoins with what it has achieved in the market but it's still just a meme, so don't let its exaggerated marketing fool your eye. This should only be viewed as a short-term investment and should be stopped in time before regretting it.