Cryptocurrency Q&A
Will Pepe coin burn supply?
Will Pepe coin burn supply?
Lorenzo
Thu Nov 28 2024
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6 answers
1742
I'm wondering if PEPE coin has any plans to implement a coin burn in their supply. I've heard of other cryptocurrencies doing this to reduce the total number of coins in circulation, and I'm curious if Pepe coin is considering the same strategy.
6 answers
BusanBeauty
Sat Nov 30 2024
PEPE, a digital currency inspired by internet memes, has undergone a significant change in its supply structure.
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Lucia
Sat Nov 30 2024
To enhance scarcity and reduce circulation, the project's developers decided to burn 50% of its total supply. This amounted to the destruction of 210 trillion tokens.
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JejuJoyfulHeartSoulMate
Sat Nov 30 2024
Despite this drastic measure, the circulating supply of PEPE has not been halved as one might expect. This is due to several factors that have reintroduced tokens into the market.
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Caterina
Sat Nov 30 2024
One such factor is the minting of new tokens as rewards for certain activities or achievements within the PEPE ecosystem. This has helped to keep the circulating supply at a steady level.
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Lucia
Fri Nov 29 2024
Additionally, ongoing burns of tokens continue to take place, but these do not seem to be sufficient to offset the reintroduction of tokens into the market.
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