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Millions of âpepeâ pieces were destroyed in one day.
1. Reduced Supply: The destruction of millions of âpepesâ every day means that the total $PEPE money supply is constantly decreasing. This could lead to increased demand for the $PEPE coin as scarcity increases its value.
2. Deflation Mechanism: The increase in the number of destroyed Pepes shows that the deflation mechanism of the $PEPE coin is working. Deflation can effectively prevent inflation, increase the stability of currency value, and attract more investors.
3. Market Sentiment: If the increase in the number of âpepesâ burned is positively related to market sentiment, it may make investors more optimistic about the future development of $PEPE coin, thereby driving up its price.
PEPE copper has a unique combustion mechanism designed to maintain scarcity in the market.
4. Sustainability of the project: It is necessary to ensure that the action of destroying the quantity of âpepeâ is sustainable and does not harm the long-term development of the project. If the amount burned is too high, it can lead to cash shortages or other problems.
