In the crypto currency market in recent days, attention is on the Shıb Tokenı. While the supply of the token decreases, especially the recent burning rates and the new partnership announcement attract investors. These developments have created promising signals for Shıb Tokenı. Price movements also reflect changes in this supply-demand balance.
Increase in the burning rate of Shıb Token
The increase in the burning rate of the Shıb Token has a significant impact among investors. There was an increase of 577 %in the last 24 hours. During this time, approximately 18.76 million token was removed from the circulation. Looking at the weekly data, more than 1 billion token was burned. This increase enables the token’s supply to gain value by narrowing the supply. Investors consider this situation as a positive development and think that the price of Shıb Token may increase in the future.
The increase in these burning rates is of great importance for the market. Token supply contraction, combined with the increase in demand, can make prices upward to move upward. Market analysts say that the future price movements of the Shıb token may be more sustainable.
Partnership with UAE
The cooperation with the Ministry of Energy and Infrastructure of the United Arab Emirates (UAE) is an important turning point for the Shıb Token. The Shiba Inu Group announced that this cooperation can open the doors of a new era in the field of digital services. In official statements, it was emphasized that a transparent and environmentally friendly digital environment will be created for government, businesses and citizens. This partnership has the potential to make Shıb Token visible in a wider ecosystem.
UAE cooperation can increase the effect of SHIB token in the global field. With this partnership, innovative solutions and infrastructures will be developed in digital services. In addition, Shıb Token is expected to be more involved in future projects. Investors consider this step as a promising development in terms of the long -term value potential of the Shıb token.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
