lesson 0.1 of scarc commodity .
BabyDoge Coin's approach to token burning significantly influences its potential as a scarcity commodity in the future. Here's a detailed look at how this mechanism might play out:
Burning Mechanism and Scarcity:
Token Burns: BabyDoge has implemented a strategy where a portion of each transaction fee is automatically sent to a "dead wallet," effectively removing those tokens from circulation. This burn mechanism is designed to decrease the total supply over time, which can lead to scarcity if demand remains constant or increases. According to various sources, significant amounts have been burned, with posts on X and web content mentioning burns like 100 quadrillion tokens on Ethereum and 170 trillion in a month from user volume indicating a substantial reduction in supply.
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