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#scarcity-strategy News & Analysis

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CryptoBullishU.Today ยท 6h ago6/10
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Shiba Inu Surpasses 20,000 Burn Transactions With 41.08% of Supply Burned

Shiba Inu has achieved a significant milestone with over 20,000 burn transactions removing 41.08% of its initial token supply from circulation. This deflationary mechanism reduces the total supply of SHIB tokens, potentially creating upward price pressure by decreasing available tokens in the market.