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Understanding $BOB : LP Burn vs Token Burn $BOB has chosen to use LP Burn instead of Token Burn โ and itโs important to understand the difference: ๐น LP Burn (Liquidity Pool Burn) $BOB burns the LP tokens created when liquidity is added to the DEX. This permanently locks liquidity, meaning it cannot be withdrawn by the developers. With ownership renounced and liquidity burned, the risk of a rugpull is eliminated. bob will always have a trading pair available, ensuring smooth transactions. ๐น Token Burn bob does not perform token burns because its contract has no mint or burn function. The total supply remains fixed โ it does not increase or decrease. $BOBโs price is driven purely by market demand, not by deflationary mechanics. ๐ The takeaway: bob builds trust through LP Burn, locking liquidity for the long term, rather than relying on token supply reduction.
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๐จ Important Update on $BOB ๐จ Hey everyone, I want to clear up some misinformation going around about $BOB. Please stay cautious about what you read online: โ $BOB does not have a burn mechanism. โ Itโs a community-driven project, with growth powered by adoption and community strength. โ $BOB holds strong long-term potential, but donโt fall for every rumor or hype. Always do your own research and stick to verified sources. The community is the backbone of bob and thatโs what truly makes it special.
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Can $ICP really go parabolic this cycle? ๐ ๐ฏ Target 1: $20 ๐ฏ Target 2: $200 The big question: Will Internet Computer ($ICP) smash these milestones, or is it just hype? ๐คโจ ๐ Whatโs your call โ $20 โ or $200 ๐? ๐ฌ Share your thoughts below!
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โ๏ธ Crypto Titans Under Pressure: $BTC, $ETH, $XRP at Critical Levels The crypto market faces a risk-off environment as major assets test crucial supports. ๐น Bitcoin (BTC) Holding just above $115,000, aligned with the 50-day EMA. A rebound could open the path toward $120,000, but a break lower risks deeper losses. ๐น Ethereum ($ETH ) Trading near $4,000, completing a rising channel pattern. Needs to reclaim $4,472 (Mondayโs open) to reverse bearish momentum. ๐น Ripple ($XRP ) Sitting at $3.00 psychological support, aligning with the 50-day EMA and 38.2% Fib retracement. A close below $2.99 risks a drop toward $2.78โ$2.72, while recovery could fuel a retest of $3.34. ๐ฆ Macro Pressure US PPI rose 0.9% in July (vs. 0.2% expected), stoking inflation fears. The Fed is unlikely to cut by 50 bps, though CME FedWatch shows an 83% chance of a 25 bps cut in September. ๐ Derivatives Signal Risk-Off OI fell from $208.3B โ $201.8B as traders de-risk. Volumes spiked to $372B from $221B โ indicating long liquidations and short covering.
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MEGA BURN WHISPERS SHOCK THE MARKET The crypto space is buzzing โ rumors are swirling that $BOB could be preparing for one of the biggest supply shocks weโve ever seen. One wallet currently holds a massive 64% of the entire supply, but word on the street is that these tokens might be headed straight to the burn address. If that happens, it could mean: โก Huge supply cut ๐ Extreme scarcity ๐ A setup for the next explosive rally Scarcity drives demand โ and a burn this size could light the fuse for $BOBโs ultimate BOOM โ MOON run. Right now, whales, traders, and retail eyes are all locked on $BOB.
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