The Shiba Inu cryptocurrency has witnessed a substantial rise in its burn rate, soaring over 3300%. This remarkable increase has resulted in millions of SHIB coins being taken out of circulation, contributing to a significant reduction in its total supply.
The reduction in supply is a critical factor for many investors and enthusiasts, as it can potentially drive up the value of the remaining coins. This development has spurred considerable optimism regarding SHIB's future prospects.
