Is the current circulating supply of Shiba Inu increasing or decreasing?

3 answers

• Harsh PrajapatiSep 03, 2023 · 2 years ago
  The current circulating supply of Shiba Inu is increasing. As more Shiba Inu tokens are minted and distributed, the circulating supply grows. This can have an impact on the market dynamics and the value of Shiba Inu. With an increasing supply, the price of Shiba Inu may face downward pressure if the demand does not keep up with the supply. However, it is important to consider other factors such as market sentiment and overall demand for Shiba Inu.
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• Ankit KaileyJan 12, 2023 · 3 years ago
  Yes, the circulating supply of Shiba Inu is indeed increasing. This is due to the ongoing token minting and distribution processes. The increase in circulating supply can potentially lead to a dilution of value if the demand for Shiba Inu does not match the growing supply. It is essential for investors to monitor the circulating supply and assess its impact on the market before making any investment decisions.
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• Anthony CastañedaFeb 23, 2025 · 5 months ago
  According to the latest data, the circulating supply of Shiba Inu is increasing. This is a result of the continuous release of new tokens into the market. It is important to keep in mind that the circulating supply is just one factor that can influence the value of Shiba Inu. Other factors such as market demand, investor sentiment, and overall market conditions also play a significant role. Therefore, it is crucial to consider a holistic view when analyzing the impact of the circulating supply on the value of Shiba Inu.
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