Karolyn Oskins KRBg
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Just like a rocket. Went up and now is already crashing down. š¤”
Wow, a 994% increase in a single day is extraordinary!
Here are my thoughts about BERA Coin:
Market Sentiment
1. *Extreme Bullishness*: A 994% surge indicates overwhelming investor optimism and confidence in BERA coin's potential.
2. *FOMO (Fear of Missing Out)*: The rapid price increase might trigger FOMO among investors, leading to further buying and potentially driving the price even higher.
Possible Reasons
1. *Positive News or Announcement*: A major announcement, partnership, or update might have triggered the price surge.
2. *Increased Adoption*: Growing adoption and usage of BERA coin's underlying technology or ecosystem could be driving demand.
3. *Market Manipulation*: Although unlikely, market manipulation or pump-and-dump schemes might be contributing to the price increase.
Risks and Considerations
1. *Volatility*: The cryptocurrency market is known for its volatility. A rapid price increase can be followed by a sharp correction.
2. *Sustainability*: It's essential to consider whether the price increase is sustainable in the long term or if it's a short-term speculative bubble.
3. *Risk of Loss*: Investors should be aware of the risk of significant losses if the price corrects or drops.
Next Steps
1. *Stay Informed*: Monitor news, updates, and market analysis to understand the underlying reasons for the price surge.
2. *Set Realistic Expectations*: Be cautious and set realistic expectations about the coin's potential for future growth.
3. *Diversify and Manage Risk*: Consider diversifying your portfolio and managing risk to minimize potential losses.
Remember, investing in cryptocurrencies carries inherent risks, and it's essential to do your own research and consider your risk tolerance before making any investment decisions.
#BERAonBinance
Here are my thoughts about BERA Coin:
Market Sentiment
1. *Extreme Bullishness*: A 994% surge indicates overwhelming investor optimism and confidence in BERA coin's potential.
2. *FOMO (Fear of Missing Out)*: The rapid price increase might trigger FOMO among investors, leading to further buying and potentially driving the price even higher.
Possible Reasons
1. *Positive News or Announcement*: A major announcement, partnership, or update might have triggered the price surge.
2. *Increased Adoption*: Growing adoption and usage of BERA coin's underlying technology or ecosystem could be driving demand.
3. *Market Manipulation*: Although unlikely, market manipulation or pump-and-dump schemes might be contributing to the price increase.
Risks and Considerations
1. *Volatility*: The cryptocurrency market is known for its volatility. A rapid price increase can be followed by a sharp correction.
2. *Sustainability*: It's essential to consider whether the price increase is sustainable in the long term or if it's a short-term speculative bubble.
3. *Risk of Loss*: Investors should be aware of the risk of significant losses if the price corrects or drops.
Next Steps
1. *Stay Informed*: Monitor news, updates, and market analysis to understand the underlying reasons for the price surge.
2. *Set Realistic Expectations*: Be cautious and set realistic expectations about the coin's potential for future growth.
3. *Diversify and Manage Risk*: Consider diversifying your portfolio and managing risk to minimize potential losses.
Remember, investing in cryptocurrencies carries inherent risks, and it's essential to do your own research and consider your risk tolerance before making any investment decisions.
#BERAonBinance
Using Levers on Crypto market is Asking to get Rekt š¤”
This is the day it got me. For the first time i felt crypto is a scam. lucky you spot traders
Keep dreaming
Shiba Inu Coin prepares For 2025 Surge
Now predictions show that SHIB price could lose a Zero by 2025,
SHIB could thus fail to leave its current range, two alternative altcoin s could stay up in Chart and yield much higher returns.
SHIBA INU has held it's Own as a force to be reckoned within the meme Coin Space . 200% to 350% price increase is expected in the following months.
SHIB has Strong rally potential if it breaks it's current
consolidation triangle .
Some even Say SHIBA INU price may climb to $0.0002,, losing a zero.
This is good Sign for SHIB holders. The Tokens ecosystem still holds the Support of it's community , with daily active addresses growing.
The number of SHIB has been significantly reduced from 220 trillion ( 2021 to 145 trillion 2024)
The impressive circulating supply of SHIB tokens would prevent it from reaching the $1
Now predictions show that SHIB price could lose a Zero by 2025,
SHIB could thus fail to leave its current range, two alternative altcoin s could stay up in Chart and yield much higher returns.
SHIBA INU has held it's Own as a force to be reckoned within the meme Coin Space . 200% to 350% price increase is expected in the following months.
SHIB has Strong rally potential if it breaks it's current
consolidation triangle .
Some even Say SHIBA INU price may climb to $0.0002,, losing a zero.
This is good Sign for SHIB holders. The Tokens ecosystem still holds the Support of it's community , with daily active addresses growing.
The number of SHIB has been significantly reduced from 220 trillion ( 2021 to 145 trillion 2024)
The impressive circulating supply of SHIB tokens would prevent it from reaching the $1
35 millions is a drop in the ocean of 589 trillion coinsā¦ š¤”
U.today
--
SHIB Burns Skyrocket 319,571% ā What's Happening?
Prominent crypto tracker Shibburn has published data showing that the SHIB community has remained dedicated to removing meme coins from the circulating supply.
The spike in the burn rate over the past day has constituted six figures, with several tens of millions SHIB sent to a virtual furnace.
Burn rate spikes 319,571%
A tweet published by Shibburn earlier today reported that the SHIB burn rate spike comprised a staggering 319,571.27%, while the community has pushed 35,713,674 Shiba Inu meme coins out of the circulating supply, locking those SHIB in unspendable wallets for good.
The three biggest transfers carried 15,546,918 SHIB; 11,196,225 SHIB and 8,804,670 Shiba Inu meme coins.
HOURLY SHIB UPDATE$SHIB Price: $0.000027 (1hr 0.68% ā² | 24hr -3.86% ā¼ )Market Cap: $15,909,188,563 (-3.93% ā¼)Total Supply: 589,257,186,387,669TOKENS BURNTPast 24Hrs: 35,713,674 (319571.27% ā²)Past 7 Days: 138,987,010 (-94.31% ā¼)
ā Shibburn (@shibburn) December 17, 2024
If we look at the SHIB burns conducted during the past week, we see that it is slightly in the red zone, showing minus 94.31%. However, the actual amount of destroyed SHIB coins is roughly four times bigger and constitutes 138,987,010 SHIB.
As covered by U.Today, on Monday, an anonymous whale helped burn SHIB coins, transferring 20,035,968 SHIB to a dead-end wallet in a single move.
card
SHIB price unfazed by new Bitcoin record peak
On Monday, the worldās leading cryptocurrency, Bitcoin, succeeded in reaching a new all-time high of $107,780. While SHIB has reacted to the price dumps and surges of BTC before, this time, the correlation between them seems to be lost so far.
After printing a more than 22% recovery last week, the SHIB price has been moving sideways in a slightly descending trajectory. After dropping from the $0.00002978 level behind, SHIB has been striving to surpass the $0.00002822 resistance but has failed so far.
After a minor 2% increase today, the second biggest meme coin in terms of market capitalization size, SHIB, is changing hands at $0.00002738.
The spike in the burn rate over the past day has constituted six figures, with several tens of millions SHIB sent to a virtual furnace.
Burn rate spikes 319,571%
A tweet published by Shibburn earlier today reported that the SHIB burn rate spike comprised a staggering 319,571.27%, while the community has pushed 35,713,674 Shiba Inu meme coins out of the circulating supply, locking those SHIB in unspendable wallets for good.
The three biggest transfers carried 15,546,918 SHIB; 11,196,225 SHIB and 8,804,670 Shiba Inu meme coins.
HOURLY SHIB UPDATE$SHIB Price: $0.000027 (1hr 0.68% ā² | 24hr -3.86% ā¼ )Market Cap: $15,909,188,563 (-3.93% ā¼)Total Supply: 589,257,186,387,669TOKENS BURNTPast 24Hrs: 35,713,674 (319571.27% ā²)Past 7 Days: 138,987,010 (-94.31% ā¼)
ā Shibburn (@shibburn) December 17, 2024
If we look at the SHIB burns conducted during the past week, we see that it is slightly in the red zone, showing minus 94.31%. However, the actual amount of destroyed SHIB coins is roughly four times bigger and constitutes 138,987,010 SHIB.
As covered by U.Today, on Monday, an anonymous whale helped burn SHIB coins, transferring 20,035,968 SHIB to a dead-end wallet in a single move.
card
SHIB price unfazed by new Bitcoin record peak
On Monday, the worldās leading cryptocurrency, Bitcoin, succeeded in reaching a new all-time high of $107,780. While SHIB has reacted to the price dumps and surges of BTC before, this time, the correlation between them seems to be lost so far.
After printing a more than 22% recovery last week, the SHIB price has been moving sideways in a slightly descending trajectory. After dropping from the $0.00002978 level behind, SHIB has been striving to surpass the $0.00002822 resistance but has failed so far.
After a minor 2% increase today, the second biggest meme coin in terms of market capitalization size, SHIB, is changing hands at $0.00002738.
Weeks ago the circulating supply was 589 trillion coins. Today itās 589 trillion coins. So to me thatās closer to 0% burn than it is to 98% like you say š¤”
Quoted content has been removed
17 million is : 0.0000000288% of the supply
These posts are either AI generated or made by top level clowns š¤”
These posts are either AI generated or made by top level clowns š¤”
šš Shiba Inu Burns 17M Tokens ā Could a Parabolic Rally Be Next? šš
Shiba Inu ($SHIB ) experienced a burn of 17 million tokens over the last two days, valued at only about $500, according to shibburn.com. This burn is insignificant when compared to Shiba Inu's market cap of $16.58 billion.
Shiba Inu is described as a speculative investment, heavily dependent on hype and its dedicated community. Despite the minor impact of the recent burn, there are other factors that might excite investors about Shiba Inu.
š Shiba Inu ā Could a Parabolic Rally Be Next?
Speculation about Shiba Inu's potential for parabolic price increases is discussed. If Shiba Inu exceeds its previous peak just under $0.000090, entering a phase of price discovery, its future price could be unpredictable.
Technical analysis using Fibonacci extensions suggests Shiba Inu could potentially see a 10x increase from its current levels.
š That would see $SHIB attain a market cap of over $150 billion.
If Bitcoin ($BTC ) reaches $200,000, making its market cap over $4 trillion, Shiba Inu's market cap at 4% of Bitcoin's would not be outlandish given its status among meme coins. The future of meme coins like Shiba Inu looks promising, though the market remains highly volatile. Investors looking for significant gains with Shiba Inu must be prepared to endure sharp market downturns.
šDisclaimer: This is not a financial recommendation, cryptocurrency investments are speculative, and past performance does not guarantee future results. Always conduct your own research and consider your risk tolerance.
Thank you for reading.
#BitcoinKeyZone
Shiba Inu ($SHIB ) experienced a burn of 17 million tokens over the last two days, valued at only about $500, according to shibburn.com. This burn is insignificant when compared to Shiba Inu's market cap of $16.58 billion.
Shiba Inu is described as a speculative investment, heavily dependent on hype and its dedicated community. Despite the minor impact of the recent burn, there are other factors that might excite investors about Shiba Inu.
š Shiba Inu ā Could a Parabolic Rally Be Next?
Speculation about Shiba Inu's potential for parabolic price increases is discussed. If Shiba Inu exceeds its previous peak just under $0.000090, entering a phase of price discovery, its future price could be unpredictable.
Technical analysis using Fibonacci extensions suggests Shiba Inu could potentially see a 10x increase from its current levels.
š That would see $SHIB attain a market cap of over $150 billion.
If Bitcoin ($BTC ) reaches $200,000, making its market cap over $4 trillion, Shiba Inu's market cap at 4% of Bitcoin's would not be outlandish given its status among meme coins. The future of meme coins like Shiba Inu looks promising, though the market remains highly volatile. Investors looking for significant gains with Shiba Inu must be prepared to endure sharp market downturns.
šDisclaimer: This is not a financial recommendation, cryptocurrency investments are speculative, and past performance does not guarantee future results. Always conduct your own research and consider your risk tolerance.
Thank you for reading.
#BitcoinKeyZone
Never lever crypto. Only Spot !
$SHIB
#1000SHIB Liquidation Alert!
A massive $108K Long Position just got liquidated at $0.02671 The market turned sharply, leaving traders with significant losses as the price drops unexpectedly.
The volatility in the crypto world is unforgiving, and this liquidation is a stark reminder of the risks involved.
#BURNGMT
#BinanceMEOpening
#MarketCorrection
#BuyTheDipOrWait
#1000SHIB Liquidation Alert!
A massive $108K Long Position just got liquidated at $0.02671 The market turned sharply, leaving traders with significant losses as the price drops unexpectedly.
The volatility in the crypto world is unforgiving, and this liquidation is a stark reminder of the risks involved.
#BURNGMT
#BinanceMEOpening
#MarketCorrection
#BuyTheDipOrWait
51 mil is a drop in the ocean, for any significant move we need 51 trillion which is 1ā000ā000X this amount
U.today
--
Shiba Inu Torches 51,763,782 SHIB as Burn Rate Soars 1,068%
Shiba Inu (SHIB) recently drew the market's attention with a remarkable surge in burn rate. Notably, the SHIB burn rate surged over 1,000%, drastically reducing the amount of tokens in circulation. This move has heightened investor anticipation for a bullish SHIB price movement.
Soaring SHIB burn rate
According toShiburn data, the SHIB burn rate increased by 1,068% within the last 24 hours. As a result, 51,763,782 SHIB tokens were sent to dead wallets and permanently removed from circulation.
HOURLY SHIB UPDATE$SHIB Price: $0.00002657 (1hr 0.33% ā² | 24hr -15.22% ā¼ )Market Cap: $15,674,923,016 (-15.09% ā¼)Total Supply: 589,257,325,374,679TOKENS BURNTPast 24Hrs: 51,763,782 (1068.01% ā²)Past 7 Days: 423,054,507 (-90% ā¼)
ā Shibburn (@shibburn) December 10, 2024
card
Meanwhile, 2.44 billion tokens were scorched in the last seven days, representing a 10.57% increase in weekly burn rates. These massive burns have drastically shredded the total supply, at 589,257,325,374,679 SHIB tokens.
The recent burn activity marks one of the largest single-day reductions in the SHIB supply in recent weeks, indicating substantial community involvement. The broader marketās sentiments surrounding the meme coin turned optimistic against the backdrop of the law of supply and demand.
This is largely reflected in SHIBās soaring trading volume. Trading volume jumped over 109% in the last 24 hours, indicating investorsā renewed interest.
Shiba Inu ecosystem update and price impact
Recent developments in Shiba Inuās layer-2 solution, Shibarium, have increased investorsā optimism about the meme coin.
U.Todayreported that the Shiba Inu team recently announced major upgrades for the Shibarium mainnet. The upgrade includes recent revisions to the Heimdall and Bor hard forks and a new contract for burning SHIB tokens.
card
Meanwhile, Shibarium hasgrown its Total Value Locked by 851%, starting from just $1.23 million. The robust performance of the Shiba Inu blockchain is also reflected in its on-chain performance.
Despite the 1,068% burn rate surge, SHIB's price slipped 12% in the last 24 hours, setting the price at $0.00002693. However, SHIBās price surged over 12% in the past week, underscoring market potential amid a broader bullish landscape.
Soaring SHIB burn rate
According toShiburn data, the SHIB burn rate increased by 1,068% within the last 24 hours. As a result, 51,763,782 SHIB tokens were sent to dead wallets and permanently removed from circulation.
HOURLY SHIB UPDATE$SHIB Price: $0.00002657 (1hr 0.33% ā² | 24hr -15.22% ā¼ )Market Cap: $15,674,923,016 (-15.09% ā¼)Total Supply: 589,257,325,374,679TOKENS BURNTPast 24Hrs: 51,763,782 (1068.01% ā²)Past 7 Days: 423,054,507 (-90% ā¼)
ā Shibburn (@shibburn) December 10, 2024
card
Meanwhile, 2.44 billion tokens were scorched in the last seven days, representing a 10.57% increase in weekly burn rates. These massive burns have drastically shredded the total supply, at 589,257,325,374,679 SHIB tokens.
The recent burn activity marks one of the largest single-day reductions in the SHIB supply in recent weeks, indicating substantial community involvement. The broader marketās sentiments surrounding the meme coin turned optimistic against the backdrop of the law of supply and demand.
This is largely reflected in SHIBās soaring trading volume. Trading volume jumped over 109% in the last 24 hours, indicating investorsā renewed interest.
Shiba Inu ecosystem update and price impact
Recent developments in Shiba Inuās layer-2 solution, Shibarium, have increased investorsā optimism about the meme coin.
U.Todayreported that the Shiba Inu team recently announced major upgrades for the Shibarium mainnet. The upgrade includes recent revisions to the Heimdall and Bor hard forks and a new contract for burning SHIB tokens.
card
Meanwhile, Shibarium hasgrown its Total Value Locked by 851%, starting from just $1.23 million. The robust performance of the Shiba Inu blockchain is also reflected in its on-chain performance.
Despite the 1,068% burn rate surge, SHIB's price slipped 12% in the last 24 hours, setting the price at $0.00002693. However, SHIBās price surged over 12% in the past week, underscoring market potential amid a broader bullish landscape.
Crypto money should always be money you DO NOT need ! Also, hold
hold or sell? ā¹ļø
thats all my money
thats all my money
Translate
Nice rage bait post haha
Here are my predictions for cryptocurrency values in 2024:
Shib: $50
Pepe: $39
XRP: $200
LUNC: $732
DOGE: $2502
Social media is buzzing with videos predicting these cryptocurrencies will hit such figures in 2024. These videos appear to be made by individuals with a basic understanding, reminiscent of a novice's perspective.
Investors, especially the newcomers, should approach these optimistic forecasts with caution. The likelihood of these cryptocurrencies reaching such valuations by 2024 is slim. It's vital to do extensive research before investing.
Many beginners in the crypto market invest in inactive coins and then turn to community feedback, usually due to inadequate knowledge. Itās crucial to learn and research thoroughly before entering the crypto world.
My experience navigating these waters has taught me these lessons, and I share this advice to help new investors avoid similar mistakes.
If you have come across such speculative predictions, I invite you to discuss your views.
#TrendingTopic #BinanceHODLerMOVE #Write2Earn
#BinanceTĆ¼rkiyeSquare #BURNGMT
Shib: $50
Pepe: $39
XRP: $200
LUNC: $732
DOGE: $2502
Social media is buzzing with videos predicting these cryptocurrencies will hit such figures in 2024. These videos appear to be made by individuals with a basic understanding, reminiscent of a novice's perspective.
Investors, especially the newcomers, should approach these optimistic forecasts with caution. The likelihood of these cryptocurrencies reaching such valuations by 2024 is slim. It's vital to do extensive research before investing.
Many beginners in the crypto market invest in inactive coins and then turn to community feedback, usually due to inadequate knowledge. Itās crucial to learn and research thoroughly before entering the crypto world.
My experience navigating these waters has taught me these lessons, and I share this advice to help new investors avoid similar mistakes.
If you have come across such speculative predictions, I invite you to discuss your views.
#TrendingTopic #BinanceHODLerMOVE #Write2Earn
#BinanceTĆ¼rkiyeSquare #BURNGMT
this aged like fine milk
Shiba Inu Turns Bullish (Market Update)š„š„šÆ
#SHIBUSDT (Shiba Inu) is now in the bullish zone. Bullish bias confirmed.
The period between June - November 2024 was the consolidation phase. The blue line on the chart is our baseline, above this line we are ultra-bullish. Below this line, still bullish but back into the accumulation/consolidation zone.
Now that SHIBA is in bullish territory we aim for higher prices. Any retrace or correction can be used as an entry opportunity, as an opportunity to go LONG. We are mostly spot on these pairs but some pairs we use leverage, between 2-4X.
For example, a nice and easy 700% wave can turn into 2,800% with 4X. But this makes it a high risk trade rather than low risk. No margin, no leverage = no risk.
When you buy spot, you are buying the tokens, the coins, the Altcoins... If prices drop your amount in Crypto stays the same; if prices rise, your Crypto stays the same. Spot is good if want long-term trading without stress. In the worst case scenario, we simply wait. All other scenarios would be good in comparison.
Worst case scenario would be a long-term drop. In this case, I wait until a recovery happens.
(Some people close at a loss and move on.)
Other scenarios would mean green, in this case, I secure profits on the rise.
Shiba Inu is now in the bullish zone.
Bullish zone means higher prices; higher prices means up.
How far up can it go?
We have some targets on the chart pointing toward 100%, 410% and even 700%, but there can be more.
Patience is key.
Thanks a lot for your continued support.
Namaste.
Finally someone with common sense
To reach a price of $1
99.99ā
Shiba Inu tokens need to be eliminate
To reach a price of $1, a staggering 99.99998% of Shiba Inu's total tokens would need to be burned, leaving only 18 billion tokens remaining Ā¹. This means that out of the current 589 trillion tokens in circulation, approximately 571 trillion tokens would need to be removed from circulation forever.
To put this into perspective, if we consider the current burn rate, it would take approximately 13,271 years to burn the necessary amount of tokens to reach $1 Ā¹. This highlights the immense challenge of achieving a $1 price tag for Shiba Inu.
It's essential to note that burning tokens doesn't create value; it merely reduces supply, which can potentially increase the token's price Ā¹. However, the actual impact of token burning on Shiba Inu's price is uncertain and influenced by various market factors.
$SHIB
To put this into perspective, if we consider the current burn rate, it would take approximately 13,271 years to burn the necessary amount of tokens to reach $1 Ā¹. This highlights the immense challenge of achieving a $1 price tag for Shiba Inu.
It's essential to note that burning tokens doesn't create value; it merely reduces supply, which can potentially increase the token's price Ā¹. However, the actual impact of token burning on Shiba Inu's price is uncertain and influenced by various market factors.
$SHIB
They would need to burn trillions of shib for an significant price move. Burning even just a few billions is like a drop in the oceanā¦
FAHEEM TRADERS
--
$SHIB
š„š„ Is Shiba Inu Set to Hit $3.5 Now That Bitcoin Hit $100K?
š Shiba Inu (SHIB) is turning heads in the crypto world, showing signs of becoming a major player. Could a massive price surge be just around the corner?
š SHIBās growth potential lies in its BTC correlation, deflationary tokenomics, and ecosystem advancements. While $3.5 is ambitious, short-term targets like $0.000037 are more realistic. Future gains depend on effective strategies and favorable market dynamics, positioning SHIB for gradual appreciation under current conditions.
š„š„š„ UNDERSTANDING THE VOTING BURN MECHANISM: 60-DAY LOCK AND 100M GMT REWARD POOL: šš
The Voting Burn Mechanism is an innovative feature designed to enhance community engagement and value within the ecosystem. It revolves around the use of GMT tokens, where holders actively participate in governance by locking their tokens and contributing to a reward pool.
š„ 60-Day Lock:
Participants commit their GMT tokens to a 60-day lock-up period. During this time, the tokens are held in a smart contract, ensuring they cannot be withdrawn or traded. This mechanism not only prevents speculative selling but also aligns participants' interests with the long-term growth of the platform. The lock-up period emphasizes commitment and incentivizes users to make thoughtful voting decisions, as their tokens are essentially staked for a fixed duration.
š„ 100M GMT Reward Pool:
The 100M GMT reward pool is a significant incentive designed to encourage user participation in the voting burn process. At the end of the voting cycle, rewards are distributed proportionally to participants based on their contribution to the lock-up pool. The burned GMT tokens enhance the scarcity of the token, potentially increasing its value over time. This cyclical process of locking, burning, and rewarding ensures a sustainable ecosystem with balanced supply-demand dynamics.
#BURNGMT @GMT DAO
#Share1BNBDaily #BinanceNextWave
#2024withBinance $GMT $XRP
š„š„ Is Shiba Inu Set to Hit $3.5 Now That Bitcoin Hit $100K?
š Shiba Inu (SHIB) is turning heads in the crypto world, showing signs of becoming a major player. Could a massive price surge be just around the corner?
š SHIBās growth potential lies in its BTC correlation, deflationary tokenomics, and ecosystem advancements. While $3.5 is ambitious, short-term targets like $0.000037 are more realistic. Future gains depend on effective strategies and favorable market dynamics, positioning SHIB for gradual appreciation under current conditions.
š„š„š„ UNDERSTANDING THE VOTING BURN MECHANISM: 60-DAY LOCK AND 100M GMT REWARD POOL: šš
The Voting Burn Mechanism is an innovative feature designed to enhance community engagement and value within the ecosystem. It revolves around the use of GMT tokens, where holders actively participate in governance by locking their tokens and contributing to a reward pool.
š„ 60-Day Lock:
Participants commit their GMT tokens to a 60-day lock-up period. During this time, the tokens are held in a smart contract, ensuring they cannot be withdrawn or traded. This mechanism not only prevents speculative selling but also aligns participants' interests with the long-term growth of the platform. The lock-up period emphasizes commitment and incentivizes users to make thoughtful voting decisions, as their tokens are essentially staked for a fixed duration.
š„ 100M GMT Reward Pool:
The 100M GMT reward pool is a significant incentive designed to encourage user participation in the voting burn process. At the end of the voting cycle, rewards are distributed proportionally to participants based on their contribution to the lock-up pool. The burned GMT tokens enhance the scarcity of the token, potentially increasing its value over time. This cyclical process of locking, burning, and rewarding ensures a sustainable ecosystem with balanced supply-demand dynamics.
#BURNGMT @GMT DAO
#Share1BNBDaily #BinanceNextWave
#2024withBinance $GMT $XRP
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