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Spheron Ignites $SPON Buyback Frenzy - Supply Burn Officially Underway

Spheron Ignites $SPON Buyback Frenzy - Supply Burn Officially Underway

Published:
2025-09-07 10:36:11
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Spheron Kicks Off $SPON Buyback Program, Begins Burning Supply

Spheron just dropped a bombshell—their $SPON token buyback program is live, and the burn mechanism is already chewing through supply.

The Deflation Gambit

No gentle ramp-up here. The team's executing aggressive buybacks from open markets, immediately sending purchased tokens to dead wallets. They're not just talking scarcity—they're engineering it through verifiable chain burns.

Market Mechanics Unleashed

This isn't some vague promise about 'value accrual.' Every buyback-and-burn transaction is on-chain, transparent, and permanent. It's a direct assault on circulating supply during a period when most projects are still printing tokens like central banks on espresso shots.

Tokenomics Gets Teeth

The move signals brutal pragmatism—acknowledging that sometimes the best use of treasury funds is literally removing tokens from existence rather than funding another mediocre integration. One less token in circulation means one more step toward actual scarcity in a space drowning in inflation.

|Square

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