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3li7assen
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Bullish
$BONK
Burning a Trillion BONK Coins Soon, Will This Paving the Way for a Strong Start and Reaching $1?
The main goal of burning is to make the supply of the coin scarce, which can theoretically contribute to raising the value of the asset over time, provided that demand remains constant or increases. Data from CoinMarketCap indicates that the total supply of BONK coins currently stands at 92.66 trillion coins. Accordingly, getting rid of 1.69 trillion BONK coins means reducing its circulating supply by 1.8%.
Burning a Trillion BONK Coins Soon, Will This Paving the Way for a Strong Start and Reaching $1?
The main goal of burning is to make the supply of the coin scarce, which can theoretically contribute to raising the value of the asset over time, provided that demand remains constant or increases. Data from CoinMarketCap indicates that the total supply of BONK coins currently stands at 92.66 trillion coins. Accordingly, getting rid of 1.69 trillion BONK coins means reducing its circulating supply by 1.8%.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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