Mr Miller
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BTTC is expected to burn more coins in 2025 as part of a strategy to reduce supply and potentially increase the token's market value. By December 2024, over 5.84 trillion BTTC tokens had been burned, and there are plans to burn an additional 3 trillion, according to Binance. This aggressive burn rate is intended to address oversupply concerns and boost adoption, potentially leading to a price surge.
Here's a more detailed breakdown:
Aggressive Burn Strategy:
BTTC has already burned a significant portion of its total supply, with plans for further burns to reduce the circulating supply.
Potential Price Impact:
Supplying reduction through burning could lead to a price increase, making BTTC more appealing to investors, according to Binance.
Ecosystem Growth:
The burn strategy is part of a broader effort to improve BTTC's economic model and foster growth within the BitTorrent ecosystem.
Long-term Potential:
With a reduction in supply and ongoing development of the BitTorrent Chain, BTTC has long-term potential, as highlighted by Binance.
Here's a more detailed breakdown:
Aggressive Burn Strategy:
BTTC has already burned a significant portion of its total supply, with plans for further burns to reduce the circulating supply.
Potential Price Impact:
Supplying reduction through burning could lead to a price increase, making BTTC more appealing to investors, according to Binance.
Ecosystem Growth:
The burn strategy is part of a broader effort to improve BTTC's economic model and foster growth within the BitTorrent ecosystem.
Long-term Potential:
With a reduction in supply and ongoing development of the BitTorrent Chain, BTTC has long-term potential, as highlighted by Binance.
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