Pepe Coin (PEPE) has a total supply of 420.69 trillion tokens. If 30 trillion tokens were burned, the total supply would drop to 390.69 trillion, reducing the overall supply by about 7.13%.
This reduction in supply could make the token scarcer, which might lead to an increase in its price if demand remains the same or grows. For instance, if PEPE is currently priced at $0.000015, a 7.13% supply reduction could potentially lead to a similar percentage increase in price, bringing it to around $0.00001607. However, actual price movements would depend on market sentiment, demand, and other factors.
In the past, Pepe Coin has conducted token burns to manage supply. For example, a burn of 6.9 trillion tokens in late 2023 caused a notable 20% price increase shortly after. Based on this, a larger burn like 30 trillion tokens could generate significant market reactions, but the long-term impact would still depend on broader market conditions and the coin's utility.$PEPE
