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Rocket Fuel For Shiba Inu Price: Kusama Says 99% SHIB Supply Burn Possible

  • Shiba Inu lead developer Shytoshi Kusama addresses the possibility of burning 99% of the circulating SHIB token supply.
  • Kusama explains the challenges and necessary conditions for achieving such an extensive burn, including the adoption of the Shib tech stack by multiple large-scale projects.
  • He emphasizes the strategic intent behind the burn and highlights the importance of developing utility for SHIB through mechanisms like staking and new use cases.
  • The proposed burn would create scarcity and potentially increase the value of each remaining SHIB token, but it would be a gradual process over several years.

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