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Motley fool is a 3rd party short website nobody cares what's said on there.
Offering was announced to day, more delution before they announce a r/s its going to drop lower.
It a start new years eve night when shiba hosts their online new years bash. It's just accumulating right now before it runs.
New years eve night when it starts.
Coins in circulation and the total in supply just dropped big. More fixing to burn stay tune...
Bruh the wash rule is gone after this year, more has changed starting next year then you guys realized. Might want to consult an actual tax guy. There will be no more selling at a loss to help with a tax break and the tax percentage will increase good luck out there and be smart.
You can keep up with burned tokens on shibas website, shibburn.com
Crypto works on price on demand, as you burn coins it decreases the tradable supply, causing the value to increase, less coins in a high demand means higher prices.
Yep, drop until first of the year, bidens new tax on crypto start next year they saving all they can before it hits.
It's doing what it's been doing, hits high then a sell off then goes higher, rinse repeat nothing new. Did you think it's a over night thing? Word of advise these take time stay off the reditt chats.
Sounds like you guys don't follow their news articles or Twitter account. How do you invest in things and not do your research?
I figure they will burn half or three quarters, they plainly stated that they want .01 by March. Only way to hit it without messing the cap up is half to 3 quarters of a burn.
They just said in next few weeks, I don't see it happening till after first of the year,
Holding it down before the major burn they announced thats coming in next few weeks, their trying keep market cap down before that hits.
Actually, way that a work is while it's trading when someone sells it a get burnt. They can't burn what u hold only what u sell. That knocks it out of circulation.
I seen this on yahoo news
Shiba Inu, one of the leading meme coins in the world, is expected to undergo a massive burn in the coming weeks. The burn is expected to reduce the total number of SHIB coins in circulation. At the moment, there are 589,736,561,989,744 SHIB tokens as the total supply.1 day ago
?
https://finance.yahoo.com › news
Shiba Inu to Burn Some Coins and Enter the Metaverse Space - Yahoo Finance
Not worrying any, bitcoin got a double top its bout to drop hard, that a help others jump.
It rises each day to lol buy it a be rewarded soon she a go up good and fast. Figure with inflation on the rise crypto is where the money will be.
I'm loaded been loaded, but math doesn't fail, it atake a major burn to accomplish even .001, market cap won't allow it at current coins in circulation. They need to knock out close to 500 trillion and that's not a joke.
When you get news on burning about 500 trillion coins let us know that's the only news that matters.
Agree the daily limit sucks on it.
Crypto.com
I sold in the 8s but I been flipping on each up and down movements and reinvesting. I have a feeling this a be last big fall before she goes back up. Whales trying make that Christmas money.
Not yet, it a recorrect back to 3s then it's time to buy.
Price on demand is when you have less of something the value increases, and yes the market cap has alot to do with it when you have over 500 trillion coins in circulation. Pump away bruh, wasting your time.
Highly doubt that. Market cap and coins in circulation is what dictates the price, whales own majority of the coins for a reason to stop you guys from pumping it past the cap.
Crypto is 24/7 bruh, this isn't stocks
After midnight it a start going up again. It's doing its normal cycle.
No no it wouldn't.
Nobody care about elon bruh, we invest for our selves not others. Smh.
We need dingle berries to understand how crytos work, coins in circulation make the price not the investor, right now to reach one penny plus you need 300 trillion coins burned, thats not a matter of opinion or up for a debate that's a fact, market cap won't allow what everyone wants unless those coins are burned and gone. Have a great day....
They need it under a trillion in circulation, gotta take market cap into consideration.
Waste of time, pointless if they don't burn the tokens you bury, more money to be made holding the coin then burying it right now.
Gaps been getting filled they do apply, and keep a eye on the rsi line, if you watch it at the 15min mark u will see its following it and the time line, it's been repeating its self off it, finish today above 2s look for another push up soon.
Once that billion dollars worth of coins that was donated gets dump it a go back to where it was in May, there's alot going on right now most don't realize, they will burn eventually, but first they will shake out ppl that's thinking its a get rich over night thing. 2 to 4 years is my estimate, most a get tired of holding and sell for low profits while they slowly burn coins.
Everyone seems to think that if you throw money and hype at this it's gonna rocket, it's not happening, these don't over like stocks, as they burn the prices increase, doesnt matter if a million holders or 100k holders less coins in circulation equals higher prices, market cap alone won't allow a big price jump without the burn. Welcome to crypto stocks.
Shiba was at 1 q a year ago, it wasn't until around April when vit burned 40% and gave 10% to charity, now it's around 394trill yes I know whats going on I been here for a while.
Love the hype, but in reality only thing that's gonna send this up is a coin burn, you need to burn close to 300 tril just to get it up to .0001 plus. To much hype and bs, crypto isn't a stock exchange you pump and run in a few weeks. Two different ballgames.
Coinbased is glitched l, price has been corrected on it its back in 7s