Cryptocurrency Q&A How many Shiba coins will be burned with Shibarium?

How many Shiba coins will be burned with Shibarium?

JejuSunshineSoul JejuSunshineSoul Sat Oct 19 2024 | 7 answers 1858
I don't understand this question. Could you please assist me in answering it? How many Shiba coins will be burned with Shibarium?

7 answers

ShadowFox ShadowFox Mon Oct 21 2024
Some believe that the new burn mechanism could lead to a significant reduction in the token's circulating supply, potentially driving up its value in the long run.

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CryptoGuru CryptoGuru Mon Oct 21 2024
Queenie, a well-known influencer in the SHIB community, has gone a step further by hypothesizing the exact number of tokens that could be burned annually under the new system.

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Dario Dario Mon Oct 21 2024
According to Queenie, the new burn mechanism has the potential to incinerate an astonishing 111 trillion tokens every year. This staggering figure has sparked widespread debate and speculation within the cryptocurrency community.

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Sebastiano Sebastiano Mon Oct 21 2024
The cryptocurrency market is abuzz with discussions surrounding the introduction of a new burn mechanism for a popular token. Many experts and enthusiasts alike are speculating on the potential impact of this development.

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SamsungShineBrightnessRadiance SamsungShineBrightnessRadiance Mon Oct 21 2024
While the exact implications of such a massive burn remain unclear, many are optimistic about the potential benefits it could bring to the token's value and overall market position.

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