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Avalon Labs Burns $1.88M in AVL Tokens in Supply-Squeeze Move
Avalon Labs Burns $1.88M in AVL Tokens in Supply-Squeeze Move
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BTCCSquare news:
Avalon Labs has executed a $1.88 million buyback and burn of its AVL tokens, funded solely by protocol revenue. This follows an earlier June burn of 80 million AVL, cumulatively erasing 37% of the circulating supply.
The team positions the strategy as a sustainable value play—tightening supply without draining reserves or relying on fresh capital. Market participants now gauge whether the reduced float will bolster liquidity and price stability over time.
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