Justin Sun made a shocking statement: SUN token repurchase and destruction strategy set off the market!
Justin Sun announced a blockbuster news on social media - all revenues generated by the sunpump protocol will be used to repurchase SUN tokens 100% and completely destroyed in a decentralized manner. This move not only strengthens the value of SUN tokens, but also highlights Justin Sun's firm implementation of the concept of decentralization. By returning all the protocol revenue to the community, the supply of SUN tokens will gradually decrease, and the market value is expected to increase further.
This "earn and destroy" model directly reduces the circulation of SUN, which will theoretically provide support for the token price. As the market's awareness of the scarcity of SUN tokens gradually deepens, long-term holders may benefit from it. In addition, Justin Sun's move also demonstrates his determination to continue to innovate in the crypto field and his deep concern for the interests of the community.
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