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outnabout

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outnabout

Re: None

Saturday, 01/28/2023 11:19:27 AM

Saturday, January 28, 2023 11:19:27 AM

Post# of 57393
Just rambling here but I read where some say shiba needs a large burn for any substantial price move. They usually talk in terms of burning most of the 550T+/- tokens. If there are 550t tokens and 1.9 mil holders that would average out to about 290m tokens per holder. When this starts burning a Tp/day at or even higher than these price levels I see this moving up much faster than some think. Each day there would be approximately 1t less tokens to share. FOMO, plus burns, plus those who hold could send this well beyond a penny and do it quickly. Whether I'm right or wrong I wish the best to all. Enjoy the ride.
Bullish
Bullish

My comments are my opinion only. They are not recommendations to buy or sell any security. Be sure to do your own due dilligence or seek the advice of a professional investment advisor.

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