SHIBA INU ANNOUNCED A PLAN TO BURN TRILLION TOKENS- RYOSH REVEALED A $0.10 PLAN – SHIB NEWS TODAY #SHIBA #shibainu #SHIBA
SHIBA INU ANNOUNCED A PLAN TO BURN TRILLION TOKENS- RYOSH REVEALED A $0.10 PLAN – SHIB NEWS TODAY
The Shiba Inu developer team has announced the launch of the token burn. Shiba Inu is going to the moon and developers are ready to boost it until it reaches $0.10. This is very important for all Shiba holders and I recommend it to be attempted because these recent announcements will change everything. We know that we need to burn some tokens, and the developers were working hard to ensure it be done properly. so, in this video, I will explain to you the recent developer announcement to boost Shiba inu tokens. And why you need to check it closely before being late. Make sure you watch the video until the end, do not forget to like the video, subscribe, and comment down what do you expect for the future of the Shiba Inu coin. With no more excuses, let’s get started.
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Binance, estimates that there are one quadrillion Shiba Tokens in circulation. But according to the coin market cap, they verified over 394,796,000,000,000. Remember that the first big burn happened when vitalik buterin, the co-founder of ethereum burned 90% of his 500 trillion tokens that he was given away by ryosh, the creator of Shiba Inu. During the last 7 months, few burns happened and we know that Shiba Inu burn $25000 worth in shib token, and $25000 worth in leash for every listing on Shiba swapp, well known as the Shiba Inu decentralized exchange platform.
As stated on the Shiba Token website, 50% of the total supply has been locked to Uniswap, an Ethereum blockchain-based decentralized finance protocol that enables automated crypto currency token-to-token transaction settlement.
Fair and complete distribution is ensured by requiring all tokens to be purchased on the open market, as developers do not own team tokens that they can sell to members of the community. It is true that the top five wallets collectively hold 50% of the total supply according to the binance and coin market cap data.
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#shibainucoin #shibatoken #shib #cryptonews
Disclaimer: I am not a financial advisor. Before making any investment decisions make sure to do your own due diligence and consult with your own financial advisor. This is solely for entertainment purposes. Please invest wisely!