Can Shiba Inu Burn Its Way to $0.001?

Two-thirds. That's how much of the value of Shiba Inu (CRYPTO: SHIB) has disappeared so far in 2022. Even the biggest fans of the meme coin aren't woofing it up much these days.

However, there's at least one reason for hope. Increasingly more Shiba Inu holders are burning their tokens. Can Shiba Inu even burn its way to $0.001?

There's an easy answer to this question: Yes. Absolutely, positively, undeniably yes. Shiba Inu certainly can burn its way to $0.001. The path to achieving the goal is strikingly simple.

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Source Fool.com