Alex1ca

[Shib @Shibtoken]

🛡️ #SHIBARMY is battle-hardened, conquering FUD ⚔️ Now, it’s our time to bask in the spotlight of #SummerOfShibarium and shine brighter than ever! ✨🚀

[Shib @Shibtoken]

Big things are coming #SHIBARMY 🌠 @ShytoshiKusama provided a discord update yesterday revealing a thrilling secret: we’ve got not one, not two, but THREE incredible partnershibs in the works 🤝 Keep your eyes peeled for more info #PartnershibsIncoming

[Shib @Shibtoken]

SHIB > 𝕏

[Shib @Shibtoken]

Woof

[Shib @Shibtoken]

📰 Check out our latest blog post: “Shib SSI: What, Why, & Wen!” 🚀 Discover the exciting world of Self-Sovereign Identity and how it revolutionizes our ecosystem. Read it here: https://t.co/5HMrcyAl5C

[Shib @Shibtoken]

#SHIBARMY 1️⃣ 🏆

[Shib @Shibtoken]

Lunchtime check-in! 👀 Saturdays are the best day of the week, aren’t they? 😉 How’s everyone enjoying their weekend so far #SummerOfShibarium

[Shib @Shibtoken]

Gooood morning #SHIBARMY 🌞 We’re barking with excitement today 👀 How’s everyone feeling this morning?

[Shib @Shibtoken]

You spelt #SummerOfShibarium wrong 🤨

[Shib @Shibtoken]

You’re welcome, DMs are open btw 😉 @elonmusk #relationshib

[𝐂𝐚𝐬𝐮𝐚𝐥 𝐔𝐥𝐭𝐫𝐚 𝐎𝐟𝐟𝐢𝐜𝐢𝐚𝐥 @thecasualultra]

Never forget when Jaimie Vardy obliterated the LGBTQ flag 😂👀

[Shib @Shibtoken]

📈 Breaking records 🚀 $SHIB has now claimed the second spot for the most popular cryptocurrency in the USA, trailing only behind Bitcoin! Thanks to the support of our amazing #SHIBARMY

https://t.co/mdW9PbI7nL

[Shibburn @shibburn]

"It's burning, but price not moving!"

We wanted to address some misconceptions about burns and price. This applies to $SHIB and many other tokens as well.

A common question that comes our way is "Why isn't the price moving after "massive" burns?" At this moment, burns are unlikely to significantly impact the price without continuous and substantial token purchases to match the current purchase rate.
Burning 10 billion tokens in a week will not impact the price when there are far larger transfers being purchased daily and prices have just sustained.

The price isn't solely determined by burns. A token can burn 90% of their supply, but if there's no demand for that token, then it holds no value. Supply and demand have always been the key factors for price movement, and this principle has held true for centuries. For instance, if the demand for the token surges, and more people start buying it. As a result, the available supply reduces due to the burning process, creating scarcity. This increased demand and decreased supply can positively influence the token's price, making it more valuable to traders and investors. The top 100 accounts (excluding the burn address) for $SHIB hold near 400T of the token's supply, mostly by centralized exchanges. Keep in mind there are 1,323,659 addresses. Price can still go up based on demand. Imagine if everyone is holding the entire supply, and more people continue to buy, increasing the demand for the token, CEXs will start looking to buy more, price goes higher. Especially in a bull market.

A token's success doesn't always mean reaching a specific price, like "$0.01." It's definitely something we would all love to see, but many have their own price goals. Some have already took profits because today's price was their price goal. Why not wait and see how things go as more people adopt it, more projects are built, and the cryptocurrency space keeps growing? Rather than waiting for others to take action, why not actively participate or initiate something that contributes to the token?

We strongly disagree with those who claim that burning has no effect without understanding how it actually works. Think of burning as if a whale were trying to buy a massive amount of the token's supply, except this whale will never sell. Those tokens remain locked forever. So, how can that not have an impact?
Dismissing the importance of burning without considering its implications may overlook its significant role in the token's growth and value.

A list of the top burns with their corresponding prices on the day of transfer was posted last week, to draw your own conclusions (You can find it under Highlights). Since April 5, 2021, before VB's burn, the price of $SHIB skyrocketed by 1128%, and it has continued to remain consistently above 118% higher than before (over 2 years).

To drive significant growth, SHIB would benefit from increased adoption and growing demand. If the supply continues to shrink and the token becomes scarcer, then the price can climb, but this still takes time and can be a long-term process. Let's not blindly believe claims like "it will take thousands of years to burn the supply and therefor it’s going nowhere” or that it needs to "burn the entire supply" for it to be successful.

We don't control other people's opinions or what gets written in blogs, but don't believe everything you hear. Out of over 23,000 cryptocurrencies, $SHIB proudly stands tall in the top 20 (#18). Some of those who claim SHIB is dead because of current price might need to wipe their crystal ball, because they can't see that far into the future. SHIB is just 2 years old, and it's still early days. Remember, a lot of what's being built hasn't yet been released.

Crypto is still growing, and we've seen significant progress in terms of the number of crypto holders worldwide. Further growth is inevitable, it can reach 8% or more. Consider the potential impact when giants like Google and Apple fully adopt cryptocurrency.

Take a close look at the dates on the charts below and notice how long it took for them to experience significant growth. Can SHIB do the same? I believe any token that keeps building can do the same. When people lose hope, token lose momentum, interest fades, people start trading for other tokens, then it can affect it's value. So, as long as SHIB remains active, retains community interest, and continues to be adopted, the potential for growth is limitless.

Disclaimer: Nothing mentioned here is to be taken as financial advice, please DYOR.

[Shib @Shibtoken]

We’re thrilled to announce that our very own @ShytoshiKusama is a speaker at #Futurist23. Hold on tight as we unveil our world paper and get ready for a few surprises that will leave your tails wagging with excitement. This is going to be legendary! #SummerOfShibarium

[Alex1ca @Alex1ca13]

@elonmusk Romania all the way !

[Shib @Shibtoken]

Get your swimsuits ready! 🏖️ The Summer of Shibarium has arrived, and our revamped website at https://t.co/MmPu9itPM3 is just the beginning of a scorching summer ahead. Brace yourself for a splash of thrilling releases on the horizon 🚀🌊 #SummerOfShibarium

[𝐋𝐔𝐂𝐈𝐄 @LucieSHIB]

5T Monthly Burns Projected as Shiba Inu Team Unveils How Shibarium Will Increase $SHIB Burns https://t.co/fVJPcjAQpv

[Shytoshi Kusama™ @ShytoshiKusama]

Huge win for #SHIBARMY!

https://t.co/kgsTfPqfLb

[Matt Wallace @MattWallace888]

NEWS ALERT 🚨: Hollywood Actor, Jim Caviezel, is About To Expose The CIA’s Pedophile Ring Which He Says is The Largest in The World ⚠️