The Shiba Inu community has been actively engaged in burn initiatives for the past two years. However, reducing the coin's circulating supply significantly remains a distant goal.
The situation has worsened as the number of SHIB burned by the community has stalled recently. In the last 24 hours, only one burn transaction occurred.
This slowdown in burn activities raises doubts on whether the community will achieve its aim of significant supply reduction, impacting potential future price movements.
