SWEAT TOKEN BURN IS NOW LIVE! 馃敟 Potential Price Surge Incoming! 馃憞
As I anticipated 2 days ago, the rumours came true! DAO SWEAT Vote to burn billions of token has been approved! Currently the Sweat TGE contract contains 1.5 billion tokens, which they account 7.1% of the total supply. Also, do not forget that recently SWEAT achieved a 30% reduction in token minting per week due to the previous DAO upgrade. SWEAT is one of the few projects in the world who got deflationary tokenomics during its first year of existence!
In my opinion, burning that amount of tokens could likely lead to a significant price increase, especially if the market responds positively to the burn! Also, I do expect an increase of activity of users now the vote is live. In fact, many people will log back into the app to not lose their token allocation!
- Please, don't forget to Cast Your Vote 馃檹
Did Know That SWEAT Is The Top Project On The Near Blockchain? 馃
STAY TUNED! 馃敟 & Remember, Your Support Is MASSIVELY Appreciated!馃憤馃挭 - DYOR 馃檹 NFA.馃