CoreyDec 27, 2021 · 3 years ago2 answersCan you provide insights on the impact of Shiba Inu token burns on the overall supply and demand dynamics of the cryptocurrency market?
I would like to know more about how the burning of Shiba Inu tokens affects the supply and demand dynamics of the cryptocurrency market. Can you provide insights on this topic? Specifically, I'm interested in understanding how token burns impact the overall token supply, token price, and investor sentiment. Additionally, I would like to know if token burns have any long-term effects on the market and if they are a common practice in the cryptocurrency industry.
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