Shiba Inu Community Incinerates Over 500 Million SHIB Tokens, Indicating Strong Deflationary Efforts
Introduction The Shiba Inu (SHIB) cryptocurrency, known as the “Dogecoin Killer,” has recently garnered attention due to a notable burn event, eliminating over 500 million SHIB tokens from circulation. This calculated action by the SHIB community is intended to decrease the large circulating supply of the token, potentially enhancing its rarity and value. As meme … Read more