The Shiba Inu coin has captured the attention of investors as it experiences a dramatic increase in its burn rate during a robust Q4 bull market. The burn rate, which recently soared by 1000%, suggests a significant decrease in the circulating supply of the crypto.
This sharp decline in supply could potentially lead to substantial price gains for SHIB, sparking interest and speculation about the coin's future value. Investors are watching closely to assess the impact of this burn rate on the market.
As the market observes this notable surge, questions arise about whether the Shiba Inu coin may soon see its value double. The increase in burn rate underscores investor enthusiasm and confidence in the coin's potential for appreciation.
