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Some leading public chain tokens have recently shown quite a resilient performance. What exactly is supporting this momentum? It is very likely the upcoming burn data expectations.
According to market observations, the scale of the burn next month is crucial. A conservative estimate might be around 1.3 million tokens, but considering the recent surge in ecosystem users, especially the continuous development of the public chain ecosystem, a burn of 1.5 million tokens is also a reasonable expectation.
Here is a key logic: if the burn quantity exceeds 1.5 million tokens, the significance changes entirely. Generally speaking, larger-scale burns imply higher ecosystem activity and more accumulated transaction fees, which will significantly support the token's value.
In other words, the market may already be pricing in this expectation in advance. Investors are waiting for the specific data to be announced, and the firmness of the price to some extent reflects the market's optimistic attitude towards the burn scale.