đ Exciting news đ
đ„ Cryptocurrency continues to evolve with innovative projects like $SHIB and $PEPE ! đ Currently, these two tokens plan to make all their 0s disappear by 2030! How? By burning a significant amount of their units in circulation, in a supply reduction strategy that could influence their value. đȘ
1- For #SHIBđ„đ„ , the community and developers have implemented a "burn" mechanism to limit token inflation and increase the rarity of SHIB. Events such as partnerships or platforms allowing the purchase of goods/services in SHIB can thus accelerate this dynamic of supply reduction. đ„
2- As for #pepecoinđž , after its recent boom, it seems to be following a similar approach by reducing supply to potentially boost demand and stabilize its price. This type of "burn" is seen by some as a way to attract new investors while creating a scarcity effect. đ„
3-Why? The process of burning tokens does not always guarantee an immediate increase in price, but it is a mechanism that, in theory, should support the value in the long term by making tokens rarer and therefore more sought after. The question remains whether these projects will be able to maintain the interest of the community while managing their supply. đ
đ "Burns" are also a signal to investors, signaling that developers are active and working to make their tokens more valuable. It remains to be seen whether the dynamic takes root and what the long-term effects will be on the crypto ecosystem.
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