It is true, I investigated it on my own and it is real news. On May 24, 2024, a detailed plan was published in the official BTTC DAO forum.
Dia Ardito YoK0
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$BTTC
#BTTC The BitTorrent Token (BTTC) burned approximately 584 billion tokens, reducing its total supply by nearly 60%. #Reto60 This significant reduction in supply generated speculation about possible future price increases. The token burn strategy is part of BTTC's effort to create scarcity and increase demand. Some important details about BTTC's token burn include: - Tokens Burned: 584 billion BTTC tokens burned, reducing the total supply by 60%. - Potential Future Burns: Rumors suggest that another 300 billion tokens may be burned, further reducing supply and potentially increasing price. - Price Predictions: Some experts believe that BTTC could reach $0.001 or even $0.01 with continuous token burns and growing adoption.
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