Good News $PEPE lovers

A $1 billion token burn is planned for PEPE, with the first phase beginning in January 2025. The burn is expected to have a significant impact on the price of PEPE, potentially making it one of the most dominant memecoins.

Here's some information about the burn and how it could affect the price of PEPE:

Supply and demand

With fewer tokens in circulation, the law of supply and demand could drive prices up.

Scarcity and value

PEPE tokens could become rarer, which could lead to a significant increase in value.

Rewards for holders

The burn is intended to reward long-term holders of PEPE.

Community support

The burn is a community-driven event, with holders and fans organizing the burn to show support for the project.

However, burning tokens doesn't always increase the value of a cryptocurrency. In fact, the circulating supply of PEPE remains at 420 trillion tokens, the same as the max supply. This could be due to the reintroduction of burned tokens, or the minting of new tokens.