#BURNGMT

GMT coin, its predictions, and the token burning mechanism:

*GMT Coin Details*

- *Token Name:* Green Metaverse Token (GMT)

- *Token Type:* Utility Token

- *Blockchain:* Solana (SOL)

- *Total Supply:* 6,000,000,000 GMT

- *Circulating Supply:* Approximately 1,000,000,000 GMT

*Predictions*

- *Short-Term (2024):* $0.50 - $1.50

- *Mid-Term (2025):* $2 - $5

- *Long-Term (2030):* $10 - $50

Please note that these predictions are highly speculative and based on market trends, analyst opinions, and community sentiment.

*Token Burning Mechanism*

- *Purpose:* Reduce the circulating supply of GMT, potentially increasing its value for long-term holders.

- *Mechanism:* GMT holders can vote on burning up to 600 million GMT tokens, valued at $100 million.

- *Voting Process:* GMT holders can participate in the voting process through the STEPN app or the GMT DAO website.

- *Burning Schedule:* The burning process will occur quarterly, with the exact dates and amounts to be determined by the GMT DAO.

*Benefits of Token Burning*

- *Reduced Supply:* Burning tokens reduces the circulating supply, which can lead to increased demand and, subsequently, higher prices.

- *Increased Value:* By reducing the supply, the value of each remaining token may increase, benefiting long-term holders.

- *Improved Market Sentiment:* Token burning can demonstrate the project's commitment to sustainability and value creation, potentially improving market sentiment and attracting new investors.