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Cryptocurrency Q&A Does burning SHIB increase value?

Does burning SHIB increase value?

BlockProducer BlockProducer Sun Oct 20 2024 | 5 answers 1046
I'm wondering if burning SHIB tokens would actually lead to an increase in their value. I've heard about this concept but I'm not sure how it works or if it's even effective. Does burning SHIB increase value?
shib burning increase value

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