$PEPE
PEPE Coin indeed has a burn mechanism,
this mechanism works as follows:
Burn Process:
Each time a PEPE Coin transaction occurs, the system automatically deducts a certain percentage of the transaction fee and directly burns the corresponding PEPE Coin. This practice of "consume to burn" gradually reduces the total supply of PEPE Coin.
Burn Rate:
The burn rate is closely related to the market's trading activity. When trading is frequent, the burn rate speeds up, while during low trading periods, it remains relatively stable. This dynamic adjustment ensures the real-time and transparency of the burn process.
Market Impact:
The burn mechanism of PEPE Coin not only reduces the total supply but also theoretically raises the coin price by increasing its scarcity. However, the actual market reaction still requires alignment with factors such as time and investor sentiment.
This burn mechanism makes the value growth of PEPE Coin a matter of time before prices soar a thousandfold.