Over 35 million tokens have been removed from circulation through burning. This represents a significant reduction in token supply, a move commonly seen across blockchain projects seeking to manage inflation and potentially support price stability.
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GateUser-7b078580
· 01-09 07:20
Do the data show that 35 million is really enough? When calculated hourly, it's still a drop in the bucket... Although, this kind of deflationary mechanism has been tried before at historic lows. In the end? Miners are consuming too much, and transaction fees will rise again. Let's wait and see.
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ApyWhisperer
· 01-09 01:40
Burning 35 million coins... Is that for real? That's a pretty aggressive move.
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SatoshiNotNakamoto
· 01-08 16:49
The selling pressure has decreased; now it's just a matter of whether it can hold up afterwards.
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GweiWatcher
· 01-06 07:52
3.5 billion coins burned? That's quite a strong move, but it's also good that it can stabilize the price.
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ImpermanentTherapist
· 01-06 07:51
Burning 35 million coins sounds like a lot, but can it really stabilize the price? I don't believe you for a second.
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Gm_Gn_Merchant
· 01-06 07:37
Damn, 350 million coins burned directly? That's quite a move... Really daring to do it.
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FrogInTheWell
· 01-06 07:35
Destroy 35 million? Haha, you've been using this line for so long, do you really think we've all forgotten?
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WenMoon
· 01-06 07:33
Are 35 million all burned? Can this move stabilize the price, or is it just another tactic to hold the market?
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ProveMyZK
· 01-06 07:30
Bro, the extent of the destruction looks okay, but it depends on how it will be executed later... It would be strange if they can really stabilize the price.
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TokenSleuth
· 01-06 07:28
Hmm... a burn amount of 35 million? That number looks quite impressive at first glance, but can it truly stabilize the price? I'm a bit skeptical.
Over 35 million tokens have been removed from circulation through burning. This represents a significant reduction in token supply, a move commonly seen across blockchain projects seeking to manage inflation and potentially support price stability.