#CreatorPad BitTorrent Chain $BTTC
BTTC
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Announces an important token burn initiative
BitTorrent Chain has executed one of the largest supply reductions in its history, burning over 575 billion $BTTC tokens — equivalent to 58% of the circulating supply. The project has also outlined plans to burn an additional 3 trillion tokens in the near future, further increasing scarcity.
The next scheduled milestone is July 2, when annual smart contract burns will take place to commemorate the launch of BitTorrent. Additionally, the Black Hole Wallet continues to operate year-round, ensuring a constant deflationary effect.
Reducing the supply can create potential upward pressure on the price, and with a governance model led by a DAO backed by total transparency, it reinforces its long-term strategic vision with robust tokenomics. This burn strategy positions the project for sustainable growth in the evolving digital asset market.
#BTTC #BitTorrentChain #TokenBurn #CryptoNews #Blockchain
