Shiba Inu Burns Coins to Boost Value
Dec 20, 2023
Shiba Inu (SHIB) recently made fewer of its coins available, hoping it would make the ones left more valuable. While they took away many coins, the price only dropped a little in a day but went up in a week.
Also, Shiba Inu worked on something called Shibarium, which is like an improvement. It processed lots of transactions and wants to make SHIB coins faster and cheaper to use. This is important because it helps SHIB be better than other similar coins.