柴犬正在燃燒數百萬代幣，但這還不足以阻止價格崩潰

加密領域正在經歷一段不確定時期，其特徵是市場持續波動。在最受關注的資產中，柴犬（SHIB）尤其脫穎而出。

The crypto market is experiencing a period of uncertainty, with sustained volatility in the markets. Among the assets closely followed by investors, Shiba Inu (SHIB) is at the center of a strong mobilization by its community, which recently burned more than 66 million tokens to reduce the circulating supply. However, despite these efforts, the price of SHIB has dropped, highlighting the limits of token destruction mechanisms against market forces, raising questions about the effectiveness of these strategies in a complex economic context.

加密貨幣市場正在經歷一段不確定性時期，市場持續波動。在投資者密切關注的資產中，柴犬（SHIB）處於社區強力動員的中心，最近銷毀了超過 6,600 萬枚代幣，以減少流通供應量。然而，儘管做出了這些努力，SHIB 的價格仍下跌，凸顯了代幣銷毀機制對抗市場力量的局限性，引發了人們對這些策略在複雜經濟背景下有效性的質疑。

Millions of SHIB burned, but a limited impact

數以百萬計的SHIB被燒毀，但影響有限

Over the past week, the Shiba Inu community has stepped up its efforts to reduce the circulating supply of its asset. According to data published by the Shibburn tracker, 66,156,811 SHB have been permanently removed from the market by being sent to inaccessible wallets. This initiative aims to limit the abundance of the asset, a strategy that could theoretically support its value and reduce selling pressure.

過去一周，柴犬社區加大力度減少其資產的流通供應量。根據 Shibburn 追蹤器公佈的數據，66,156,811 SHB 因被發送到無法存取的錢包而永久從市場上移除。這項措施旨在限制資產的豐富程度，這項策略理論上可以支持其價值並減少拋售壓力。

However, the results obtained are mixed. Compared to the previous week, the rate of token destruction has decreased by 24.11 %, which could indicate a decrease in participation or a lesser effectiveness of these initiatives. This slowdown is even more visible in the last 24 hours, during which only 2.85 million SHIB were destroyed, representing a drastic decrease of 53 %. Furthermore, these efforts do not manage to curb the market volatility or sustainably stabilize the price of Shiba Inu, despite a remarkable mobilization by the crypto community.

然而，所得的結果卻好壞參半。與前一周相比，代幣銷毀率下降了 24.11%，這可能表明參與度下降或這些舉措的有效性較低。這種放緩在過去 24 小時內更為明顯，期間僅銷毀了 285 萬個 SHIB，大幅減少了 53%。此外，儘管加密社區進行了顯著的動員，但這些努力並沒有成功遏制市場波動或可持續穩定柴犬的價格。

A price collapse and its implications

價格暴跌及其影響

Despite significant burning initiatives, the price of SHIB has experienced a notable decline of 9.36 % in a single day, dropping from $0.00002489 to $0.00002235. This drop was partially mitigated by a slight rebound of 2.11 %, but these fluctuations reflect a marked instability in an already weakened market. Such a decline comes after a temporary increase of 9.19% recorded on Thursday, driven by a fleeting bullish momentum from Bitcoin, but this renewed optimism was not enough to sustain SHIB’s upward trajectory.

儘管銷毀力道很大，但SHIB的價格單日大幅下跌9.36%，從0.00002489美元跌至0.00002235美元。 2.11% 的小幅反彈部分緩解了這一跌幅，但這些波動反映出本已疲軟的市場明顯不穩定。在比特幣短暫的看漲勢頭推動下，週四暫時上漲了 9.19%，但這種新的樂觀情緒不足以維持 SHIB 的上升軌跡。

Beyond these fluctuations, several observers have highlighted a growing correlation between the performances of SHIB and Bitcoin, a dependency that illustrates a broader issue: the structural vulnerability of altcoins to the movements of the dominant cryptocurrency. Moreover, these variations question the effectiveness of token burns as a lever to stabilize or increase the value of cryptos. In a saturated crypto market, where supply and demand mechanisms seem to be dictated by external forces, these community initiatives struggle to create a lasting impact on the price.

除了這些波動之外，一些觀察家還強調了 SHIB 和比特幣的表現之間日益增強的相關性，這種依賴性說明了一個更廣泛的問題：山寨幣對主流加密貨幣走勢的結構性脆弱性。此外，這些變化質疑代幣銷毀作為穩定或增加加密貨幣價值的槓桿的有效性。在飽和的加密貨幣市場中，供需機制似乎由外部力量決定，這些社區措施很難對價格產生持久的影響。

Crucial period for Shiba Inu

柴犬的關鍵時期

The Shiba Inu is going through a critical period, where massive token burns show their limits in facing the growing expectations of crypto investors. These supply reductions, although significant, have not been sufficient to restore the value of SHIB, raising questions about their effectiveness. To regain trust, implementing more diversified strategies, such as improving use cases or adjusting the economic fundamentals of the project, may prove essential. This situation also highlights the challenges faced by community cryptocurrencies, confronted with persistent volatility and increased competition in the altcoin universe. The coming weeks will be decisive in determining whether Shiba Inu can adapt or continue to get stuck in a downward trend.

柴犬正在經歷一個關鍵時期，大規模的代幣銷毀在面對加密貨幣投資者日益增長的期望時顯示出其局限性。這些供應減少雖然幅度很大，但不足以恢復 SHIB 的價值，引發了對其有效性的質疑。為了重新獲得信任，實施更多元化的策略，例如改進用例或調整專案的經濟基本面，可能至關重要。這種情況也凸顯了社區加密貨幣面臨的挑戰，面臨著持續的波動和山寨幣領域日益激烈的競爭。未來幾週將決定柴犬能否適應或繼續陷入下降趨勢。

Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.

透過我們的「閱讀賺錢」計畫最大化您的 Cointribune 體驗！您閱讀的每一篇文章，均可賺取積分並獲得獨家獎勵。立即註冊並開始賺取福利。

Holder of a Sciences Po Toulouse degree and a blockchain consultant certification from Alyra, I joined Cointribune in 2019. vinced of blockchain's potential to transform many sectors of the economy, I decided to spread awareness and inform the general public about this rapidly evolving ecosystem. My goal is to help everyone better understand blockchain and seize the opportunities it offers. I strive every day to provide an objective analysis of the latest news, decipher market trends, relay the latest technological innovations, and put the economic and societal stakes of this unfolding revolution into perspective.

我擁有圖盧茲政治學院學位和 Alyra 的區塊鏈顧問認證，於 2019 年加入 Cointribune。我的目標是幫助每個人更好地了解區塊鏈並抓住它提供的機會。我每天都努力對最新新聞進行客觀分析，解讀市場趨勢，傳播最新的技術創新，並正確看待這場正在展開的革命的經濟和社會利益。