My only worry about shiba is there total supply, it's so huge, If they can cut down on their supply, like do token burns from time to time, it's possible there might interesting times ahead, even big company like BNB do token burn from time to time, I am still holding some bags and wish it will do well like xrp and Dodge in the future
they total supply certainly become a problem, its the only thing that holds back the coin, even if they do have burns program i don't think it will be of significance, after all, the amount burned will almost certainly some miniscule amount.
burning is indeed one way to increase the price, but until now there seems to be no news that leads to this plan. on the other hand if there are whales then this can also help increase the price, just like the previous pumping where there was a pump and dump action on the shiba inu, and that made it famous among the meme coins, but for now if there is no fomo I think it will also be difficult to fly again, actually I also still hold shiba, but it's not in large quantities, who knows it could be a jackpot