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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