🚨Polygon Burns 100M POL, Token Jumps 12% — But Inflation Still Bites $RARE
· The Burn: 100M POL (~$10.2M, ~1% of supply) permanently removed on Sept 23, funded by network fees, with quarterly community-triggered burns now in place.
· The Rally: POL up ~11.6% to ~$0.113 since the burn.
· Key Levels: Resistance at $0.115, then $0.12–$0.125; support at $0.107–$0.110.
· The Catch: POL still has 2% annual emissions, so the burn only helps if future burns outpace new supply.
· The Burn: 100M POL (~$10.2M, ~1% of supply) permanently removed on Sept 23, funded by network fees, with quarterly community-triggered burns now in place.
· The Rally: POL up ~11.6% to ~$0.113 since the burn.
· Key Levels: Resistance at $0.115, then $0.12–$0.125; support at $0.107–$0.110.
· The Catch: POL still has 2% annual emissions, so the burn only helps if future burns outpace new supply.
