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COINJAK
COINJAK
This looks like hype around Shiba Inu and its layer-2 network Shibarium, especially the idea of a “burning machine” pushing SHIB to extreme price targets like $1–$10. Here’s the grounded reality: Shibarium does support token burns, but not in the magical “price explosion engine” sense that posts like this suggest. Burning in SHIB works roughly like this: Transactions on Shibarium generate fees A portion of those fees can be converted into SHIB and sent to a burn address This slowly reduces circulating supply over time That part is real. But the exaggerated claim (“CENTS → $1–$10 BEGINS”) is where it breaks down: SHIB’s supply is still enormous (hundreds of trillions initially; now reduced but still massive) To reach $1, SHIB’s market cap would need to surpass the entire global economy by a wide margin Burns are gradual, not anywhere near the scale needed for that kind of price move in any realistic timeframe #TrillionDollarIPOs #FedHikesBackOnTheTable #SECTokenizationDelay

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