Will Shibaswap and Shibarium Make #SHIB explode to $0.01 per coin?
Will Shibaswap and Shibarium Make #SHIB explode to $0.01 per coin?
thank you for the Super Chat somebody sent a super chat um Commando spawn thank you for the Super Chat do you believe in Shiba swap 2.0 uh we'll make Sheba Inu blow up to Ascent um so no right getting to a penny is uh gonna be very difficult in seeing a ton of a ton of burns that we need to have right we need to see that decrease the supply and we have not seen that at all we haven't even seen a glimpse of uh burning off enough you know we need to burn off a trillion before we can start to really make a lot
of those claims I would love for it to go to a penny I would love for a platform to to get it to a penny but I wouldn't say that no matter what use case we can see within it um unless we see that Supply decrease down for Shiba Inu it it doesn't make sense why any any use case will um or any platform or any use case will get this to a penny or get this to a six trillion dollar market cap okay it's it's something that I don't believe could happen there however um decreasing that supply and getting it
to a higher price point but a lower than six trillion dollar market cap is definitely more feasible uh so I would say no uh most of the things hovering around Shiba swap benefit bone and Leash and all of the other uh things of the ecosystem but it doesn't really benefit Shiba Inu that much if at all um just waiting for lunatic to be uh back at one billion dollar market cap yeah I mean it's gonna get up it's gonna take its time it's gonna get up there um but you know we have a big Community behind it
um people that truly do believe in the project and want to create utility for it but honestly in my opinion I don't believe utility is where we should uh mainly focus on we need to understand um not only increasing the the volume there um by creating more interest that's there but we need to see an impact on the volume that's already here if we have majority of the volume 90 of the volume 99 of the volume in CeX is we need to find a way to implement some sort of burn some something you know in in the cex's I don't know how we do it
but we should be able to implement something and I really don't know how um I really don't I'm trying to think of how you can like force their hand in a way um to basically say whatever they're doing in in Rewards or whatever they're doing there you can decide to um create that benefit on Chain versus what's happening off chain but you can't right um I would love to say oh any any volume that happens on chain um you know we would love to see the burns or sorry any volume that happens
off chain we would love to see the burns that happen on chain but there's no way to translate that because it stays on it stays off chain and if it's staying off chain then you can't see that burn translated to the the on chain side so it's so tough to figure out how you can do that and I know they tried to do that with the burns where you have you have the burns that are happening and they take a certain amount and put it into the community pool and it's like okay is that a good thing is that a bad thing
yeah it seems like it would be a bad thing because then it forces um you know CZ to take a look at the burns and go well I don't want to do that I don't want half my money to go towards these Burns and then there's nothing that that happens there and they don't do those Burns that we already seen so it's so tough I want to find a way but it's so tough um signs point to Q4 launch thoughts I mean it's just it's just so ridiculous that it's going to take this long to put out the shiberian platform when the overall
thought process was for it to launch in Q3 like what happened that delayed it that much right typically when you see a delay you're like all right I'm delaying it a few months there I'm delaying it a few uh weeks or something like that but seeing it delay by you know a whole year a year and a quarter or something and maybe even more than that is ridiculous and then on top of it not to get the information of how it's going to benefit Shiba Inu and it's not going to benefit really at all because it all depends on how many
transactions that happen right if we see a certain amount of transactions that happen um and we know that we're going to have enough to burn off and also if you see a certain amount of transactions that happen it really benefits bone the most right because bone does have those fees and you're seeing majority of that fee go into bone versus um looking at you know the shiba inu side of it where you have that base fee and you have it split uh at a certain level for um for that Penny that's going through
or less than a penny that's going through um it benefits bone a lot more with all the transactions that are happening and even as we go through Millions upon millions of transactions we're burning nothing worth of Shiba Inu so it doesn't really make people excited and people are excited about what it could be and what they could change it to be but honestly anytime we've speculated about them changing something because the community isn't happy about it they don't do that um so I don't know I really don't have
any thoughts on it um I know people are going to be sort of excited but like I said in one of my videos it's about like the boy who cried wolf right where um they talk about how it's going to benefit Shiba Inu in such a large way for so many different projects and we become uh now we've become desensitized to any type of news that comes out for chibinu by that time we're going to look at it and there's going to be no movement in the Market at all for uh shib and maybe it's just have movement
because of the people that are invested into it but when it comes to shiberium itself we might not see a ton of movement because of that you know does that make sense um
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