After a large fluctuation in Jager, the team spoke out on the official account on X where they explain what happened with this volatility of the token.
There was an internal problem, a rift in the team regarding the allocation of tokens, wallets, etc. Something they discussed themselves and reached an agreement where part of the team left the project and liquidated their stake in the project, meaning they settled the accounts and owed amounts to their employees/partners who left the project.
Thus, the fall of the token came along with Fomo, Fud, etc.
The coin suffered something common in companies where everyone involved has ambition and aims for maximum profit and money from the project.
Fortunately, this situation happened at the beginning of the project where large amounts were not invested.
Now the team has mentioned about buybacks and more pronounced burns besides the existing burns to reward users who are on Binance Alpha, who are more adversely affected regarding dividends.
Probably now the coin will stabilize as the volume was around one million dollars or more.
And incredibly, the coin managed to hold up well.
Long-term project.
Buy with the money you use for change.
But Pepe also started this way, and Shiba, and Bonk, and Doge.
a big play by Jager, FOMO Hunt v2 currently the prize value is 6k400 and can accumulate much more, who knows if the prize will reach hundreds of thousands of dollars, increasing the burn that already occurs with each transaction, each ticket burns 32% of the value immediately, ticket increases with each purchase, currently at 1 dollar burning around 800M tokens per purchase
imagine when the ticket reaches 10 dollars? the burn, the appreciation, the prize value getting bigger and bigger, more and more FOMO
Congratulations Jager team, I'm holding this token
Very powerful Lottery Mechanism I believe that the best view for the future is to accumulate the prize more and more, potentially reaching 100 thousand dollars or more, enhancing the burning of the currency
final of 26 continue at the same pace reaches around 16% supply burned, but in 3 years it may burn about half of the supply then it will be worth something
VoidZi3
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Bullish
$Jager Update: 7.34t of tokens were burned today, when will we be able to burn until 2026?
People don't know, but the first 2 Wallets in Rank $Jager are internal wallets and not from investors
which means that at some point the burn wallet will take first place and second will be the token's sustainability wallet, which is also growing in percentage due to the burn
in other words, 80% of the token's value will be retained in the dead wallet and the token's wallet
and if by chance the token's wallet decides to sell, it will also burn, so more than 90% of the tokens will be burned and intact in permanent value
Be one of those who will have Jager in the future because 1000x is possible.