Is the circulating supply of SHIB expected to increase in the future?

3 answers

• RobeFowl22Jan 16, 2024 · 2 years ago
  Yes, the circulating supply of SHIB is expected to increase in the future. SHIB is an ERC-20 token, and its supply is not fixed like Bitcoin. The SHIB community has implemented a tokenomics model that includes regular token burns and rewards for holders, which can help reduce the supply over time. However, the team behind SHIB has also mentioned plans to introduce new features and partnerships that may require an increase in the circulating supply. It's important to stay updated with the latest news and announcements from the SHIB team to understand the potential changes in the circulating supply.
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• Napat LilitDec 30, 2022 · 3 years ago
  Absolutely! The circulating supply of SHIB is likely to increase in the future. SHIB is a meme token that gained popularity due to its resemblance to Dogecoin. Like many other meme tokens, SHIB has a large total supply, and the team behind it has indicated their intention to increase the circulating supply gradually. This strategy aims to maintain liquidity and support the growth of the SHIB ecosystem. However, it's important to note that the circulating supply may also be influenced by market demand and investor sentiment.
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• Osvaldo AyalaDec 29, 2020 · 5 years ago
  According to BYDFi, a leading cryptocurrency exchange, the circulating supply of SHIB is expected to increase in the future. This is due to the tokenomics model implemented by the SHIB community, which includes regular token burns and rewards for holders. These mechanisms are designed to reduce the supply over time and create scarcity. However, the team behind SHIB has also mentioned plans to introduce new features and partnerships that may require an increase in the circulating supply. Therefore, it's crucial for investors to closely monitor the updates and announcements from the SHIB team to stay informed about any potential changes in the circulating supply.
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