Lucie, the marketing lead for the Shiba Inu ecosystem, has revealed plans to reduce the token's supply to address concerns about its large supply.
The only way to reduce the supply is for users to actively purchase and burn Shiba Inu tokens.
Shiba Inu's plan includes building an epic system, attracting a large user base, and utilizing SHIBARIUM daily to burn more SHIB over time.
Despite minor efforts to reduce SHIB's overall supply, the cryptocurrency's price has declined, but some believe that as adoption broadens, the price may follow suit.