Can Shiba Inu Coin Achieve Long-Term Growth in the Competitive Crypto Market
As we delve deeper into the world of SHIB, it is essential to mention another top project in the crypto space – LightChain AI (LCAI). Both coins have made significant strides in a short period, making them competitors. In this article, we will explore the potential of SHIB and how it stacks up against its competition.
Shiba Inu’s Tokenomics How Scarcity and Burns Impact Growth
Shiba Inu (SHIB) employs a deflationary tokenomics model to enhance scarcity and potentially boost its value. This strategy involves burning tokens—permanently removing them from circulation—to reduce the overall supply. Since its inception, over 410 trillion SHIB tokens have been burned, accounting for approximately 41% of the initial supply.
The burn…
