Avalon Labs Torches 80M AVL in Deflationary Power Move—Circulating Supply Plummets 44%
Avalon Labs just lit a match to its own tokenomics—incinerating 80 million AVL tokens in a single stroke. The Bitcoin-focused capital markets platform slashed its circulating supply by nearly half overnight, a move that’ll either send traders into a frenzy or have them rolling their eyes at yet another 'supply shock' gambit.
Deflationary play or desperate pivot? With the crypto crowd split between true believers and 'number-go-up' mercenaries, this burn could spark a rally—or just another round of cynical bets. After all, in a market where 'wen Lambo?' counts as fundamental analysis, even token burns start to feel like performance art.