Pepe Tokens are being destroyed on a large scale. Are new opportunities just around the corner?$PEPE

What are the benefits of destroying PEPE tokens?

Significant reduction in supply:

This time, 6.2 billion tokens were destroyed at once, and the number of PEPE tokens on the market was directly reduced by a large margin. According to the principle of economics, if there are fewer things but there are still more people who want them, the price will naturally rise. Therefore, this destruction is good news for increasing the value of PEPE tokens.

Stronger scarcity:

The PEPE token has a special design, that is, each transaction will reduce the number of tokens a little bit, so that its scarcity is stronger. Scarce things are usually more valuable, so the increased scarcity of PEPE tokens may attract more investors.

Investor confidence increased:

The project party destroyed the tokens in a big way this time, obviously wanting to maintain the value of the tokens and the interests of investors. This positive approach can easily make investors more confident, and the token price may also rise as a result.