$SHIB according to my knowledge and also expert opinions burning of shib coins will show positive effect on its price.
REASON: ( burning of shib coins decrease the higher supply. According to demand and supply formula when the supply decreases and demand increases so automatically the price will increase.
I hope the future of shib coin will be bright 🌞. So don't miss the chance buy it and hold.
🔥 Total SHIB Burned to Date
≈ 410.5 trillion SHIB tokens have been permanently removed from circulation—roughly 41% of the original 1 quadrillion supply .