If 50% of the currency $Jager is burned, there is a plan to achieve this in the long term.
✅️ According to the available information, "#JAGERB JagerHunter" is a deflationary currency, which means its value increases over time as the supply decreases. A portion of the coins is burned with every purchase or sale.
✅️ Here are the key points regarding the burn process:
Automatic burn: A portion of the transaction fees (approximately 16% of transaction fees) is burned automatically and continuously.
Current numbers: Approximately 796 trillion coins have been burned so far, which represents about 5.3% of the total supply.
Future projections: Based on the current daily burn rate, the team expects large amounts to be burned over the coming years, with a vision to burn between 40% to 50% of the total supply in the long term.
This strategy aims to gradually reduce the supply, which increases the scarcity of the currency and supports its value as demand increases. You can always check the latest burn numbers directly through the Binance Smart Chain (BSC) using the official burn wallet address of the currency.
To find out the exact number of Jager coins that have been burned, you need to check the burn data directly from the official burn wallet of the currency on the Binance Smart Chain (BSC).
According to the recently available data, approximately 795.99 trillion $Jager coins have been burned, which represents about 5.3% of the total supply.
Important note:
This number changes continuously, as coins are burned daily.
"Burning" is the process of sending coins to an unredeemable wallet, which reduces the total supply of the currency and increases its scarcity.
