1. Despite recent updates, Shiba Inu (#SHIB) experienced a modest gain of 30% in 2023, significantly lower than its remarkable 2021 surge of 43,800,000%. ๐
2. Currently, the token lags 88% below its all-time high, resulting in considerable losses for many investors. ๐
3. While Shiba Inu (#SHIB) struggles to gain widespread adoption, its utility remains primarily confined to speculative sectors within the crypto industry. ๐ค
4. Persistent supply issues continue to challenge the token's stability. โ ๏ธ
5. To address the supply concern, the community is actively engaged in "burning" tokens, effectively removing them from circulation permanently. ๐ฅ#bitcoinhalving #SHฤฐB $ENA #SHฤฐB