Vitalik Buterin has burned 90%, Shiba Inu drops 40%

[Atang Sulaeman]

“I’ve decided to burn 90% of the remaining shiba tokens in my wallet. The remaining 10% will be sent to a (not yet decided) charity with similar values to cryptorelief (preventing large-scale loss of life) but with a more long-term orientation,” he said in a note attached to another transaction at the same time. Should this be applauded or criticized? after Elon is Vitalik =]]

https://www.coindesk.com/vitalik-buterin-burns-6b-in-shib-tokens-says-he-doesnt-want-the-power

burning 90% is very profitable news as supplies will get smaller and prices will likely increase over time

[azhariejaya]

Unfortunately, this Shiba inu token burn news is not in the proper condition because the bitcoin price is being dumped, so the news doesn't really affect the price. I also read that vb has released all of his Shiba tokens, which means vb no longer holds Shiba tokens in his wallet.