$Jager
To my dear followers ❤️❤️
Read the content to understand and try to grasp the burning mechanism that the currency relies on and help spread the information.
🔥 The burning mechanism in JAGER:
A percentage of each transaction is allocated for direct burning of the currency to reduce supply, which contributes to increasing the potential value of the currency in the long term.
📈 The impact of burning on supply:
Due to the decrease in trading volume, approximately 5.3% of the total supply was burned in just one month. If the trading volume increases, the burning rate may rise further, contributing to reducing supply and thus increasing the potential value of the currency.
✅ Summary:
Yes, burning is ongoing, but it depends on market activity.
If trading volume continues to rise, burning will continue at a faster pace, which may contribute to increasing the value of the currency.