Will the number of Shiba coins ever decrease?

3 answers

• Brix TeagueFeb 23, 2024 · a year ago
  As of now, the total supply of Shiba coins is constantly increasing due to the way the tokenomics of the project are designed. However, it is important to note that the developers have the ability to burn or decrease the supply of Shiba coins if they deem it necessary. This could be done to control inflation or to increase the value of the remaining coins. So, while it is unlikely, there is a possibility that the number of Shiba coins could decrease in the future.
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• ki suAug 25, 2022 · 3 years ago
  No, the number of Shiba coins will never decrease. The project is designed to have an infinite supply, which means that new coins will continue to be minted indefinitely. This is different from other cryptocurrencies like Bitcoin, which have a fixed supply. The infinite supply of Shiba coins allows for greater liquidity and accessibility, but it also means that the value of each coin may be diluted over time.
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• IanAug 07, 2020 · 5 years ago
  According to BYDFi, a leading digital currency exchange, the number of Shiba coins is not expected to decrease in the near future. The project's tokenomics are designed to incentivize holders and provide liquidity to the market. While the supply may continue to increase, the demand for Shiba coins will ultimately determine their value. It's important to keep an eye on market trends and developments within the Shiba Inu community to assess the potential for any changes in the coin's supply.
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