Shytoshi has confirmed a big burn coming in
the next few days. The Shiba Inu coin is ready to break its all-time
milestone and reach the desired price of $0.10. The coin is on the top google search term. No one expected that the bull run would keep
going until today. The Shiba Inu developers know that the burn
is a crucial process and we need to make it very soon. So, in today's video, I will share with you
what are the plans to burn trillion tokens. Why will Shiba Inu reach $0.10? All these questions will be answered today. So, make sure you watch this video until the
end. Do not forget to like the video, subscribe,
and comment down what you think about Shiba Inu. With no more excuses, let's get started. When it comes to the doGecoin-inspired crypto
currency, the Shiba Inu is on fire, but it's too soon to draw any comparison to the peak
retail frenzy that preceded this year's bull market peak.

The search term "how to buy Shiba Inu" returns
a relatively low value of 10 for the past 12 months according to Google Trends, a widely
used tool to gauge retail interest in trending topics. Despite SHIB's 230 percent weekly gain, general
interest is still far below Google Trends' peak of 100 in the second week of May. A score of 100 indicates that a term has reached
the highest level of popularity among the general public, as measured by the number
of times it was searched for in a given period of time. It shows that a growing number of people are
looking for information on the hot topic on the web. Retail investors have yet to notice SHIB's
latest rise, according to web data.

This suggests that the stock still has room
to rise. According to the company, Google Trends gives
users access to an unfiltered sample of Google search requests, which are then scaled from
0 to 100. The search value, represents the interest
in a particular topic based on where it appears on the interest chart at the time and place
selected. Most people, believe that retail investors
are the last to get into a bull market. Google search value OF 100 or peak retail
interest often coincides with the end of a bull market, because of this. In the second week of May, the search value
for "how to buy Shiba Inu'' reached 100, and SHIB's year-to-date high was $0.0000388.

Rally around a blockchain that can be programmed. A search for "how to buy Solana '' on Google
climbed to 100 in value during the second week of September, when Solana's SOL token
soared above $200. After falling to $114 last week, bitcoin has
risen to $180 this week. In December, the Google search value for the
term "bitcoin" climbed to 100, marking the high point of the year-long bull run in Bitcoin. Web search volume peaked in January and April
of this year at the same time, suggesting a shopping spree was underway. Everyone who owns a Shiba Inu hopes that the
price of their COINS will go down to a penny or even just a few tens of cents. However, with Shib's 1 quadrillion token supply,
it is impossible to reach one cent. Even if the entire global economy pitched
in, Shiba Inu would still fall short of the $1.00 mark. Do you think Shib will ever make a dollar? No, it's a challenge, but not insurmountable.

What if we drastically reduce the number of
tokens in circulation by burning them all? That way, the price could be slashed by a
few tenths of a cent, if not more. Burning is the act of sending tokens to a
defunct wallet address in order to remove them from circulation. The Shiba Inu ecosystem's developers are well
aware of the severe supply constraints and have launched numerous burn projects as a
result. Shytoshi, the Shiba Inu project's lead developer,
recently gave us an update on another major burn project. A Shib army member hinted at the upcoming
project on Twitter. Shytoshi Kusama took this screenshot in Discord. The screenshots show that the NFTs are ready
for use and are currently in the testing stage.

They should appear on Shiba swapP within the
next few days. If you ask Shytoshy, he'll tell you that his
next project has something to do with Shiboshi's point of view and something gaming-related. It'll be a non-linear temporal strategy game
in the vein of Axie Infinity. He also mentioned that his ideas would be
implemented in the final quarter of 2021 and the following year. However, he is currently engaged in a project
to burn Shib tokens in order to reduce the total supply of tokens. To summarize, Shiba Inu's developers are ready
to release Shoboshis, their own highly anticipated NFT. Additionally, Shiba Inu will be able to raise
the effective price of shib tokens by cutting some of the supply. It was revealed earlier in the month by him
that the token burn has been confirmed, and that all 10,000 NFTs Shiboshis will be released
to support the token burn. Every person who buys an NFT has the option
of renaming the NFT by burning Shib. We can see one of Shib's many burn mechanisms
in action through this burning process.

If you're not familiar with the terms "burning
token" and "raising the price of Shiba Inu token," then KEEP WATCHING THE VIDEO. To put it another way, when you burn a token,
you're removing it from circulation. Tokens can be sent to inactive and unreachable
addresses to accomplish this. This will secure the tokens, preventing them
from being traded or used by others. Burning tokens is a common practice adopted
by token creators in order to keep the supply constant and keep the token price stable. What role does token burning play in the price
increase for Shiba Inu? The supply and demand for goods and services
determine the price. If we reduce supply, demand rises and the
price follows. Burning tokens or removing them from circulation
will increase the value of Shiba Inu by making them scarcer.

Now that we've moved on, we've received another
Bit Panda crypto currency exchange listing update. Shiba Inu has been officially listed on Bit
Panda's platform, the company said. These types of listings help Shiba inu gain
more notoriety and raise their market value. Shiba Inu's official Twitter account also
thanked Bit Panda and requested that they take into account the Shiba Inu Ecosystem's
Leash and Bone tokens. Intriguingly, they mentioned on their blog
that DoJecoin is no longer sufficient and praised Shiba Inu and the entire Shib army
for their efforts. Social media has been awash with recent hype
about Shiba Inu, making it the most widely searched and trending crypto currency across
multiple platforms. In addition to relying on hype, Shiba Inu
is also putting the dojecoin on noticeably short notice. Shiba Inu's potential isn't just anecdotal;
statistics back it up. Shiba Inu has maintained its position among
the week's top ten gainers.

Shiba Inu is the third most valuable crypto
currency according to the CryptoRanks, with a market cap of 13.2 billion dollars. A Shiba army member recently shared some statistics
showing that Shiba Inu has surpassed Dojecoin in every way. Shiba Inu is currently ranked 9th on Coinbase
and 4th on Binance, surpassing Dojecoin's rankings of 13th and 19th, respectively. A 24-hour Shiba Inu trading volume of 5.9
billion dollars is nearly six times as much as Dojecoin's 1.5 billion dollar trading volume. Will Shiba inu coins reach $0.10? You're aiming for the elusive one penny at
this point. You'd have to put in a lot more work and burn
a lot more calories. To get to one cent, the SHIB coin will have
to increase in value by nearly 125,000%. The gains don't appear improbable based on
the performance year-to-date gains of over 500,000 percent. However, Shiba Inu will have a difficult time
reaching one cent in the future for several reasons. The expectation that SHIB will be the next
Dojecoin has contributed to a significant increase in the price of the coin in 2021.

DOGE's success has largely fueled the rise
of the Shiba Inu breed. Contrary to popular belief, SHIB is more of
a cultural phenomenon than a currency. Even though SHIB has a wide range of applications,
there are still some limitations. For the most part, the current bullish thesis
surrounding the token revolves around the potential gains that could be had if the meme
crowd adopted it as well. It's rare to see a bullish argument based
on solid fundamentals. SHIB's massive maximum supply of 1 quadrillion
tokens could also difficult it from reaching $0.01.

SHIB's market capitalization would have to
be $10 trillion for each token to reach $0.01, which is unlikely. Currently, Bitcoin has a market cap of $907
billion, followed by Ethereum ($404 billion) with a close second. In comparison to SHIB, Ethereum has a wider
range of applications and greater usability. The 1 cent milestone may be attainable for
SHIB if the usability of its network is significantly improved, but this is far from certain. Although, this is the case, Shiba Inu should
continue to grow in popularity, as a result of certainly anticipated catalysts like a
Robinhood platform expansion. Thanks for watching the video until the end,
do not forget to like the video, subscribe, and comment down what you think about the
Shiba Inu token..

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