They have some program where they are burning tokens
So, they're destroying unowned tokens, or people are donating their tokens to burn in order to drive up the price by sudden imposed scarcity? Like someone with a billion pennies melting down half his coinage so the other half might jump in value? That sort of deflation sounds...sketchy and risky. If it's a transparent scheme to increase the value by destroying the supply, does that not just come off as a scheme and nothing more? Full disclosure, I do own a little Shiba, but I don't expect much from it and crypto for me is like a stock market with slightly more imaginary values.
https://investorplace.com/2021/09/coin-burning-strategy-should-get-shiba-inu-out-of-the-doghouse/
Here's something. I "made" alot so far
I myself have made more than I'd ever expected when it doubled in the last week or so, but I just don't see the whole 'to the moon' happening. Wish I'd gotten in sooner, but as a person speaking in almost complete ignorance, I feel like we've already pretty much gotten to the punchline of this meme. Love to be surprised, though.
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