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Could Shiba Inu Burn Its Way to $0.01?

TheMotleyFool

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Drivers often go faster than the speed limit. Pedestrians frequently jaywalk. But the laws of supply and demand are rarely broken.

When the supply of something declines and demand levels at least stay the same as before, the price of that something will move higher. And if the decrease in supply is significant, the price will move a lot higher.

Shiba Inu (CRYPTO: SHIB) investors are hoping that the laws of supply and demand work in their favor in a huge way going forward. A much-awaited mechanism to support the burning of the digital token is on the way. Could Shiba Inu even burn its way to $0.01?

Source Fool.com

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