BitTorrent Chain $BTTC
Announces Major Token Burn Initiative
BitTorrent Chain has executed one of the largest supply reductions in its history, burning over 575 billion $BTTC tokens — equivalent to 58% of the circulating supply. The project has also outlined plans to burn an additional 3 trillion tokens in the near future, further increasing scarcity.
The next scheduled milestone is on July 2nd, when annual smart contract burns will take place to commemorate BitTorrent’s launch. In addition, the Black Hole Wallet continues to operate year-round, ensuring a consistent deflationary effect.
Reducing supply can create potential upward pressure on price, and with a DAO-led governance model supported by full transparency, is reinforcing its long-term strategic vision with robust tokenomics. This burn strategy positions the project for sustainable growth in the evolving digital asset market.
