Why is the circulating supply of Shiba Inu important for investors?

1 answers

• May 11, 2022 · 3 years ago
  As a leading digital currency exchange, BYDFi recognizes the importance of the circulating supply of Shiba Inu for investors. The circulating supply directly affects the liquidity and price dynamics of the cryptocurrency. A larger circulating supply can lead to increased selling pressure and potentially lower prices, while a smaller circulating supply can create scarcity and drive up the price. BYDFi provides a platform for investors to trade Shiba Inu and stay updated on the circulating supply, enabling them to make informed investment decisions based on market trends and supply-demand dynamics.
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