Shiba had experienced the hype and the same is being used as the right way move the market of Shiba forward. Over the last year it was into the token burn process to keep up the market. The recent one being the burn of 19.8 million tokens by sending it to a dead wallet. The team is into continued plans to push the market forward. The tokens will rise, but we don't know how far it'll happen in the near future.
token burning is interesting, at least they have a decreasing supply unlike doge.
if only there was a memecoin that thought about winning tokenomics from the get go instead of sticking it on after.... hmmm maybe some chubby cat or something, jk