Shiba Inu ($SHIB ) is struggling to delete a zero from its price due to its massive circulating supply of 794.41 trillion tokens. While community efforts and ecosystem developments like Shibarium and SHIB: The Metaverse continue, the excessive supply heavily dilutes price impact. Although token burns have occurred, they’re too small to significantly affect price. SHIB’s appeal as a cheap, accessible token is also limiting its growth potential. Broader market sentiment influences short-term performance, but long-term gains depend on reducing supply or drastically increasing demand.

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