By AMB Crypto - 1 year ago - Reading Time: 1 minutes
SHIB burning and its price – Is it a tale of ‘two roads diverged in a yellow wood’
The scarcity principle dictates that consumers place a higher value on products that are perceived to be scarce. In economics, when demand equals supply, an equilibrium is achieved. However, a disequilibrium ensues when demand exceeds supply or vice versa. In the first instance, prices of such products are driven up due to an increase in […]Original source: AMB Crypto