馃殌$GMT to be Skyrocket馃殌
馃What is BURNGMT initiative & How it will Make $GMT Skyrocket 馃殌馃敟
Now First talk about burning of tokens,
If a Company want's to make their token more valuable, they will reduce token supply.
If there are less tokens in Market,
you will see sudden rise in its price that is demand which is increasing because of its low supply.
馃搲Reducing supply = Token burning馃敟
Most Interesting thing in this initiative is you can Vote, Your vote will decide if 600 million GMT tokens should be burned.
When you vote, you鈥檒l earn daily GMT rewards from a special 100M GMT pool.
How to take part in BURNGMT?
1)Log in to Binance and find the BURNGMT page.
2)Lock your GMT tokens (it鈥檚 safe, don鈥檛 worry!).
3)Vote and start earning your rewards every single day.
What's next :
If this burn happens, only 27% of the total GMT supply will be left for the next six years! That could make GMT even more special.
I you want to go in $GMT go Long, Don't go short, shorting would be a foolish decision.