According to Fool, Shiba Inu’s only chance of hitting a $1 dollar valuation is if major coin burns take place . Currently there are 549,000,000,000,000 SHIB tokens circulating in the market.
Read moreHow much SHIB is burned?
SHIB fans continue to push big sums of Shiba Inu meme crypto tokens from circulation using the technology of so-called “token burns.” Since the beginning of last week, a total of around 2.2 billion SHIB have been incinerated.
Read moreWhat is SHIB burning?
The team behind the meme-inspired cryptocurrency Shiba Inu ($SHIB) has announced the upcoming launch of a token burning portal that is set to help the cryptocurrency’s community burn tokens in an effort to reduce its circulating supply .
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