Shiba Inu (SHIB) investors are experiencing positive progression, observing developments they have eagerly anticipated. On November 21, the notable meme token reported a remarkable 2200% rise in its burn rate. Such an increase suggests a reduced supply and potential for enhanced token value, fueling investor optimism about potential growth.
This considerable escalation in burn rate may contribute significantly to increasing the token's value by reducing the amount of Shiba Inu in circulation. As a result, many investors adhere to a bullish perspective.
Source: en.coin-turk.com ↗