SHIB rises 5.4%: Compensation plan launched, can it rebuild investor trust

SHIB has increased by 5.40% in the past 24 hours, currently trading at $0.0000084521, with a market capitalization surpassing $4.98 billion. More notably, the Shiba Inu team has simultaneously launched the “Shib Owes You” compensation plan, systematically addressing user losses from the historical Plasma Bridge hack incident. This is not only a price rebound but also an official commitment from the project team to rebuild trust.

Short-term Price Performance Remains Steady, Multiple Supports Emerge

SHIB’s recent rally is not an isolated phenomenon. According to the latest data, SHIB has risen by 14.67% over the past 7 days, although it still declined by 1.62% over the past 30 days, but the recent upward trend is clear. Within 24 hours, SHIB fluctuated between $0.0000068327 and $0.0000084909, with a trading volume of $140 million, indicating increased market participation.

According to the latest news, at least three supporting factors underpin this rebound: a recent surge in SHIB burn rate (once increased by 10536%), exchange redemptions and token burns driving the movement, and a noticeable improvement in community sentiment.

“Shib Owes You” Compensation Plan: From Crisis to Institutionalized Commitment

The Plasma Bridge hack incident was once a pain point for the SHIB community. The launch of this compensation plan marks a shift from passive response to proactive commitment by the project team.

Three-layer Core Mechanism

• Compensation Conversion: Victims’ claims are converted into traceable, transferable NFTs, turning vague promises into verifiable on-chain assets
• Ecosystem Revenue Sharing: All projects using the Shiba Inu brand must allocate part of their revenue into the compensation fund pool, establishing a sustainable funding source
• Flexible Liquidity: The NFTs obtained by victims are transferable, divisible, and mergeable, satisfying long-term holders’ full compensation expectations while providing market liquidity for victims needing immediate cash

The key to this design is that it breaks the traditional “all or nothing” dilemma of compensation. The project team has ceased unstable projects and prioritized resources for compensation, reflecting a clear priority commitment.

Security Upgrades Reduce Risk Expectations

SOU-related smart contracts have undergone a comprehensive security audit by Hexens, covering core functions such as NFT minting, transfer, splitting, and merging. Meanwhile, the Plasma Bridge has been repaired and introduced multiple new security measures, including a seven-day withdrawal delay, with core contracts migrated to a hardware custody system. These measures strengthen the project’s security awareness and help reduce future risk expectations.

Market Sentiment and Follow-up Focus

According to recent information, community sentiment towards SHIB is clearly warming. Multiple latest updates show traders are beginning to focus on positive technical signals, with open interest increasing by 20%, indicating market confidence is recovering. From a stable position at 25th in market cap to recent leading gains, it reflects market recognition of its improved fundamentals.

However, it should be noted that as a MEME coin, SHIB’s volatility is inherent. Short-term price rebounds do not equate to a long-term trend establishment, and the actual effectiveness of the compensation plan will need time to verify.

Summary

The recent rally of SHIB is supported by three factors: technical support from recent token burns and exchange redemptions, trust restoration through the “Shib Owes You” compensation plan, and a clear warming of community sentiment. The launch of the compensation plan signifies a shift from crisis response to institutionalized commitment, which is significant for rebuilding investor confidence.

In the short term, SHIB shows signs of stabilization at $0.0000084521, but whether it can break previous highs depends on subsequent technical developments and community dynamics. Long-term, the actual execution of the compensation plan and subsequent actions by the project team will be key factors in determining SHIB’s trustworthiness.