#市场反弹迹象 Shiba Inu (SHIB) Burn Rate Surges, Driving Price Recovery Click on the avatar to watch the live stream and join the conversation According to the latest data from Shibburn.com, the Shiba Inu community has burned 7,309,654 SHIB tokens in the last 24 hours. These burns were executed by sending tokens to one of the three designated SHIB burn addresses, permanently removing these tokens from circulation. Details of the burn activity The scale of transactions varies: the number of individual burn transactions ranged from 6,387 SHIB to 4,326,195 SHIB, showing the diversity of sources for the burn activity. Surge in burn rate: Although the total amount burned remains small compared to SHIB's circulating supply, the significant increase in the burn rate has caught market attention. Positive impact on the market Price increase: Driven by the burn activity, the price of SHIB has risen by 3.5% in the last 24 hours, reflecting the uplifting effect of the burn mechanism on market sentiment. Outstanding performance during the holidays: This price increase occurred on Christmas Eve and the days leading up to Christmas, injecting vitality into SHIB's market performance. Support for potential bullish trends Long-term effects of reduced supply: Although the amount burned has limited direct impact on the overall supply, the ongoing burn mechanism provides foundational support for long-term scarcity. Increased market confidence: The rise in burn rate and price recovery may encourage more investors to refocus on SHIB, laying a positive tone for future price movements. Future outlook and risks Possibility of a stable bullish trend: If burn activities continue to increase, accompanied by a recovery in the overall cryptocurrency market, SHIB may further solidify its bullish trend. Short-term fluctuation risks: Despite recent improvements in price performance, it is important to note that the impact of a single burn activity on price may be limited, and the long-term trend of the market still depends on supply-demand dynamics and community support. Overall, the surge in burn rate has injected significant market vitality into Shiba Inu during the holiday season. With the advancement of the burn mechanism and the shift in market sentiment, SHIB may gradually recover and maintain a bullish trend, bringing more confidence to investors.