Shiba Inu (SHIB) Burns on Verge of Exceeding 410 Trillion.

As the total number of coins burned gets closer to the symbolic 410 trillion milestone, Shiba Inu is once again raising questions about the supply squeeze potential it has. Although this number may initially appear, the context is crucial, particularly for traders who may interpret it as a bullish trigger. The most recent tokenomics data indicates that between burn mechanism inception and 2023, more than 410 trillion SHIB were taken out of circulation - mostly as a result of extensive burn initiatives

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