The statistics for Shiba Inu (SHIB) are impressive:

410,727,401,752,586 total burnt from the initial supply999,982,350,281,519 max total supply589,272,598,247,413 total supply583,336,339,888,365 circulating supply5,936,258,359,048 staked (xSHIB)

These figures indicate a significant reduction in the total supply due to burning, which could positively impact SHIB's price dynamics. With such a large portion of the supply staked and burnt, could we see a substantial increase in SHIB's price soon?

With the community's strong backing and ongoing developments, do you think SHIB has the potential to take over other meme coins in terms of market dominance and adoption?