#pepe Coin 1 billion coins will be burned out of 420 thousand trillion coins This is a very large number compared to burning 1 billion coins
This is a new step to raise the price of the currency It may be a slight increase, but it will make a profit in the coming period And after that news, many people go to buy the currency, which increases demand and the price increases
In October 2023, the PEPE coin team burned 6.9 trillion tokens, equivalent to 1.6% of the total supply, with a value of approximately 5.5 million US dollars. These tokens were sent to a non-refundable address, which reduced the total supply and increased the scarcity of the currency.
Currency burning is a common strategy in the world of digital currencies, aiming to reduce the supply and increase the potential value of the currency. For the PEPE coin, this burning contributed to enhancing its market value and attracting the interest of investors.
I highly recommend investing in his work $DOGE and $PEPE and $XRP
Follow me to get all the latest
