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The Supply of PEPE is Decreasing: Burning Mechanism Reduces Minting Over Time

The recent on-chain investigation of the PEPE contract has revealed that its supply is deflationary due to an in-built burn functionality. This means that no more PEPEs can be minted, and instead, as time goes by, the total circulating supply will decrease over time through burning.

This news comes as a surprise to many investors who had previously thought that new tokens could still be created from thin air. However, it appears this isn’t the case for PEPEs; instead, they must come from existing holders or those willing to trade with them directly on exchanges or secondary markets.

Potential buyers of these tokens need to understand their scarcity value before investing in them – especially since there won’t be any additional coins issued after all have been burned up! This makes each remaining token increasingly valuable over time, which should attract savvy traders looking for long-term gains rather than short-term speculation opportunities.

Overall, this news suggests that PEPE is one asset worth keeping an eye on if you’re interested in digital assets with limited supplies and potentially high returns down the line!

Read more at The Crypto Basic – Bitcoin, Cryptocurrency, DeFi Topics And News
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