The number of “pepes” that $PEPE coins are destroyed in a day is in the millions.
PEPE coins have a unique burning mechanism designed to maintain scarcity in the market. This destruction mechanism permanently removes a certain amount of virtual currency from the market so that it is no longer available, thereby reducing the circulation and increasing currency value and scarcity. Specific to PEPE coins, each transaction burns a small portion of the token, which reduces the total supply over time. This deflation mechanism and redistribution system are the distinctive features of PEPE coins, in which a portion of each transaction is allocated to existing token holders to incentivize long-term holding and investment.
According to the white paper data, the number of “pepe” coins destroyed globally every day reaches millions. These destroyed "pepe" include various types of bad content such as infringement, malicious dissemination, illegal information, etc. This destruction mechanism not only reflects PEPE’s pursuit of market scarcity, but also wins it many fans, making it more attractive to potential investors.
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