SHIB Token Circulating Supply to Decrease with Shibarium Expansion
Thursday, 16 May 2024, 07:35
SHIB Token Circulating Supply Impact
Increased transactions on the Shibarium blockchain will result in a higher burn rate for the SHIB token, diminishing its circulating supply.
Key Exchange Expansion
The expansion of a major exchange to Shibarium signifies a positive growth trajectory for the SHIB token.
Reduced Circulating Supply
The higher burn rate caused by increased transactions will lead to a reduction in the SHIB token's circulating supply, potentially impacting its value in the market.
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