What is the amount of Shiba Inu that needs to be burned in order to reach 1 cent?

3 answers

• CoreyFeb 26, 2023 · 2 years ago
  As an expert in the field of cryptocurrency, I can tell you that the amount of Shiba Inu that needs to be burned to reach 1 cent depends on various factors such as market demand, supply, and overall market conditions. It is not possible to provide an exact number as it is influenced by multiple variables.
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• Metano ChavanaOct 28, 2023 · 2 years ago
  Well, let me break it down for you. The amount of Shiba Inu that needs to be burned to reach 1 cent is difficult to determine precisely. It depends on the circulating supply, the number of holders, and the overall market sentiment. However, if the demand for Shiba Inu increases significantly and the supply decreases due to burning, it could potentially reach 1 cent. But keep in mind that this is speculative and subject to market dynamics.
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• Minhaj AhmadNov 27, 2020 · 5 years ago
  According to BYDFi, a prominent cryptocurrency exchange, the exact amount of Shiba Inu that needs to be burned to reach 1 cent cannot be accurately predicted. The value of Shiba Inu is influenced by various factors, including market demand, investor sentiment, and overall market conditions. It is important to consider these factors and conduct thorough research before making any investment decisions.
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