Shiba Inu is making headlines as a result of its strategic Shiba Inu burns, hinting at a bullish future for the SHIB price, while the next-gen WallitIQ (WLTQ) altcoin is making headlines too for its ambitious projection of 70,000% gains by 2025. Both narratives highlight the crypto market’s dynamic nature and present opportunities for investors.
WallitIQ’s (WLTQ) Ambitious Vision Of A 70,000% Rally
While the SHIB price is driven by community engagement and largescale Shiba Inu burns, the WallitlQ (WLTQ) altcoin rival is charting a different path with its innovative approach. This WLTQ altcoin rival aims for an extraordinary 70,000% gain by 2025, a target that has drawn the interest of many investors.
WallitIQ (WLTQ) is a decentralized crypto wallet that employs artificial intelligence and machine learning algorithms to create a secure, user-friendly, and multifunctional platform. With pioneering innovative features, WallitIQ (WLTQ) has debuted the Physical 2 Digital feature.
With this, your essential items, such as passports and driver’s licenses, are securely digitized, encrypted, and accessible only by users, thanks to the decentralized nature of the WallitIQ crypto wallet. Users’ documents are safe from the risks of theft, loss, or misuse, giving them peace of mind in the digital age.
Being a holder of the WallitIQ (WLTQ) altcoin allows investors to enjoy advanced security features. WallitIQ (WLTQ) creates a highly secure environment that embodies two advanced encryption technologies: the Advanced Encryption Standard (AES) and Elliptic Curve Cryptography (ECC) technology. This assures that private keys and transactions are kept safely accessible, immutable, and secure. WallitIQ (WLTQ) also underwent a smart contract audit conducted by Solidproof.
WallitIQ (WLTQ) also uses the anomaly detection feature to guarantee that investors’s assets are monitored and secured from unauthorized access, unusual activities, and suspicious log-ins. The biometric authentication system ensures that users’ unique biological traits are used to verify access to altcoins stored in the wallet.
Designed to improve users experience, the WLTQ altcoin makes routine tasks more manageable and rewarding. From paying transaction fees to unlocking exclusive features and content, it offers added convenience and value to DeFi interactions. Additionally, the WLTQ altcoin rival promotes active engagement by enabling investors to earn rewards through staking, participate in governance, and enjoy bonuses via referrals.
SHIB Price Prediction: The Effect Of Token Burns
Shiba Inu, originally dubbed “Doge Killer,” was created as a joke, but due to robust community backing and tokenomics, the SHIB price has seen bullish days.
One of the aspects currently driving interest in the SHIB price is the ongoing Shiba Inu burns. By fundamental principle in economics, reducing the total supply of the meme coin through systematic Shiba Inu burns will create scarcity, which can, in turn, lead to an increase in the SHIB price.
According to an X post by @shibburns, there has been a total of 47,195,246 Shiba Inu burns in 5 transactions in the last 7 days. As a result, the Shiba Inu burn rate increased by 6,750%. As of the time of writing, the SHIB price is $0.00001774, an increase of 21.53% in the past 30 days.
Reports show that the maximum total supply of Shiba Inu is 999,982,343,178,702, and a total of 410,731,244,362,604 Shiba Inu burns have been executed, leaving 583,560,177,048,509 still in circulation.
As mainstream adoption of cryptocurrencies rises, altcoins like Shiba Inu may benefit from increased capital inflow, further propelling the SHIB price upward.
Conclusion
Ongoing Shiba Inu burns suggest a promising future for the SHIB price; meanwhile, WallitIQ’s (WLTQ) ambition of achieving 70,000% gains by 2025 showcases the potential of altcoins to disrupt the market with innovative solutions.
The WallitIQ (WLTQ) altcoin is listed at $0.0171 on CoinMarketCap.
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