$SHIB

🚨 Supply Burns and Network Growth 🚨

One key factor potentially driving future price increases is the reduction in SHIB’s circulating supply. Shiba Inu started with a massive supply cap of over 999 trillion tokens, which has since decreased to 589 trillion. The daily burn rate recently surged by 1,562% to 11.8 million tokens, continuously reducing available supply.

This supply reduction occurs alongside growth in the Shibarium network, which recently surpassed $1 billion in transaction count. The network continues to see an increase in active addresses, showing growing adoption and usage.

The SHIB community, often referred to as the “SHIB Army,” has expanded to over 1.5 million addresses, creating a strong foundation of holders and supporters.

#shib #Binance #BinanceAlphaAlert #SaylorBTCPurchase #Write2Earn