🚀 BONK Makes Big Moves: Over 11.55 Trillion Tokens Burned! 🔥
As of August 2, BONK has taken a massive deflationary step by permanently removing 11.55 trillion tokens from circulation, according to data shared by Adam_Tehc. This accounts for 11.55% of the token’s original supply — a significant milestone for the memecoin community.
💰 Value Burned: At current market prices, the burned tokens are estimated to be worth $300 million, signaling strong commitment from the BONK ecosystem across products, partners, and wallets to tighten supply and boost value.
📉 Why It Matters: Token burns can reduce inflationary pressure and increase scarcity, potentially driving long-term value for holders. BONK’s move indicates serious intent to solidify its position in the memecoin sector and reward long-term supporters.
Keep an eye on BONK 👀 — the fire is just getting started. 🔥🐶
DYOR No Financial advice!