What does GMT DAO announcing this news in a bull market mean?
What does announcing this news in a bull market mean? I personally think it's a good idea to accumulate some GMT!!!
Burning tokens is a good thing for long-term development, and it shows that GMT DAO is creating a milestone in the history of token economics! By repurchasing and planning to burn 600 million GMT tokens, the team demonstrates strong confidence and determination for future development.
#BURNGMT
In the blockchain space, a healthy token economic model is at the core of a thriving ecosystem. The 600 million GMT burn plan launched by GMT DAO is an important attempt, showcasing the team's confidence in future development and the importance placed on community participation.