🔥 What is Shib Burn & Why Is It Important?
Shib Burn refers to the process of permanently removing Shiba Inu (SHIB) coins from circulation by sending them to an inaccessible wallet. This reduces the total supply, potentially increasing the value of the remaining coins. 🚀
Key goals:
Reduce Supply: SHIB was initially released with an enormous supply, affecting its value.
Create Scarcity: Limited supply may drive up value if demand continues.
While it offers potential gains, market conditions and volatility could impact its success. 📉