So, why this FUD for SHIB? And why during a pivotal moment in SHIB history? Why? Because I don’t think, and please correct me if I’m wrong here, anyone has ever seen a crypto like SHIB. I sure haven’t. SHIBarium said it well.
Regarding the recent circulation supply situation for SHIB and to fight speculation, there is an update from one ShytoshiKusama:
NO SHIB tokens were added to the circulating supply. So to fight the fud, myself, @kaaldhairya & @SHIBInformer are each offering 1B $SHIB to anyone that can prove through an Etherscan transaction that tokens were added to the #SHIB circulating supply. Allow me to recap plz:
If you’re new to SHIBARMY please understand that our biggest FUD has revolved around us being scammers when an actuality, we are just normal people trying to make a difference. Ryoshi once said to me in private that it’s hard for people to believe we are what we say we are.
Incredible stats like being up 6 Million percent this year or never paying an exchange for a listing, or the fact that we are fully decentralized (as Ryoshi once said “people do whatever they want”) is striking and impressive. Where could we be in eight years? Or 8 months!
The crazy part is there ARE lots of scams out there. Be EXTRA CAREFUL. I’ve seen everything from, in my opinion, “slow rugs” to just a website that looks cool and then POOF. Worst of all, I’ve seen the promoters bragging about how much they have here on Twitter! Wtf bruh!
So why this fud for SHIB? And why during a pivotal moment in SHIB history? Why? Because I don’t think, and please correct me if I’m wrong here, anyone has ever seen a crypto like SHIB. I sure haven’t. SHIBarium said it well.
So, 3 billion SHIB to anyone that can show through etherscan any tokens were added to the circulating supply. Impossible Ignore the FUD and keep being amazing. Finally, SHIBARMY required reading by our eloquent SHIBarium.
Community Response: It’s also possible to have circulating supply that is technically not circulating at all because they are holding, lost the wallet, burned to an unknown burn address.
I panic sold when I saw the new coins added in circulation and didn’t invest it back and lost a bit, the fear I felt was a bit too high for me to risk it again. I’m a new investor and I don’t have that much money to re-win my loses.
Is it the tokens that Indian COVID relief fund swapped out for Eth being put back into the total supply by the exchange that they used to convert? That exchange would be looking to make some money now that the price is going up? It doesn’t work like that. Just because they sold for ETH doesn’t change the supply. They still exist after being swapped.
Get the latest Crypto & Blockchain News in your inbox.