๐ฅ๐ท GoPlus Repurchases Over 100M GPS Tokens, Plans Token Burn to Boost Ecosystem
#BinanceAlphaAlert GoPlus Security has officially announced the completion of its third batch of $GPS token repurchases, totaling 105,215,055 tokens. The news was shared via the projectโs official account on the X platform (formerly Twitter).
๐งพ Whatโs Happening:
๐ Over 105 million GPS tokens have been repurchased
๐ The buyback process is still ongoing
๐ All repurchased tokens will be destroyed once the buyback concludes
๐ฏ Why It Matters:
GoPlus stated that the burn will help to: Enhance the scarcity and potential value of GPS tokens
๐จ Strengthen ecosystem security and stability
๐จ Reinforce the projectโs long-term commitment to its community
This strategic move reflects a growing trend among Web3 projects using token burns to drive value and tighten circulating supply.
Whatโs your take on token burnsโgenuine value boost or hype tactic?
Join the conversation and share your thoughts below!