柴犬正在燃烧数百万代币，但这还不足以阻止价格崩溃

加密领域正在经历一段不确定时期，其特点是市场持续波动。在最受关注的资产中，柴犬（SHIB）尤其脱颖而出。

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.

加密货币市场正在经历一段不确定性时期，市场持续波动。在投资者密切关注的资产中，柴犬（SHIB）处于社区强力动员的中心，最近销毁了超过 6600 万枚代币，以减少流通供应量。然而，尽管做出了这些努力，SHIB 的价格还是下跌，凸显了代币销毁机制对抗市场力量的局限性，引发了人们对这些策略在复杂经济背景下有效性的质疑。

Millions of SHIB burned, but a limited impact

数以百万计的SHIB被烧毁，但影响有限

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.

过去一周，柴犬社区加大力度减少其资产的流通供应量。根据 Shibburn 追踪器发布的数据，66,156,811 SHB 因被发送到无法访问的钱包而被永久从市场上移除。这一举措旨在限制资产的丰富程度，这一策略理论上可以支持其价值并减少抛售压力。

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，获得的结果好坏参半。与前一周相比，代币销毁率下降了 24.11%，这可能表明参与度下降或这些举措的有效性较低。这种放缓在过去 24 小时内更为明显，期间仅销毁了 285 万个 SHIB，大幅减少了 53%。此外，尽管加密社区进行了显着的动员，但这些努力并没有成功遏制市场波动或可持续稳定柴犬的价格。

A price collapse and its implications

价格暴跌及其影响

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.

尽管销毁力度很大，但SHIB的价格单日大幅下跌9.36%，从0.00002489美元跌至0.00002235美元。 2.11% 的小幅反弹部分缓解了这一跌幅，但这些波动反映出本已疲软的市场明显不稳定。在比特币短暂的看涨势头推动下，周四暂时上涨了 9.19%，但这种新的乐观情绪不足以维持 SHIB 的上升轨迹。

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.

除了这些波动之外，一些观察家还强调了 SHIB 和比特币的表现之间日益增强的相关性，这种依赖性说明了一个更广泛的问题：山寨币对主流加密货币走势的结构性脆弱性。此外，这些变化质疑代币销毁作为稳定或增加加密货币价值的杠杆的有效性。在饱和的加密货币市场中，供需机制似乎由外部力量决定，这些社区举措很难对价格产生持久的影响。

Crucial period for Shiba Inu

柴犬的关键时期

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.

柴犬正在经历一个关键时期，大规模的代币销毁在面对加密货币投资者日益增长的期望时显示出其局限性。这些供应减少虽然幅度很大，但不足以恢复 SHIB 的价值，引发了对其有效性的质疑。为了重新获得信任，实施更多元化的策略，例如改进用例或调整项目的经济基本面，可能至关重要。这种情况也凸显了社区加密货币面临的挑战，面临着持续的波动和山寨币领域日益激烈的竞争。未来几周将决定柴犬能否适应或继续陷入下降趋势。

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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.

我拥有图卢兹政治学院学位和 Alyra 的区块链顾问认证，于 2019 年加入 Cointribune。由于深信区块链具有改变经济许多部门的潜力，我决定传播意识，让公众了解这个快速发展的生态系统。我的目标是帮助每个人更好地了解区块链并抓住它提供的机会。我每天都努力对最新新闻进行客观分析，解读市场趋势，传播最新的技术创新，并正确看待这场正在展开的革命的经济和社会利益。