Is Shiba Inu burning coins?

has started testing the burn portal developers announced last month. By burning the tokens, the supply is reduced, effectively making Shiba Inu deflationary. According to a website which tracks the burning of Shiba Inu, over 410 trillion tokens have been burned so far .

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Why is Shiba Inu dropping?

The slow delivery of the projects and products on the Shiba Inu ecosystem has been one of the biggest reasons SHIB is quickly losing traction in the market. There are very few products that the team has released, and this means the project lacks utility.

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