Hello, GREAT STEEMIANS of this community. It’s a great pleasure to be part of the Steemians dropping a post on this community # PussFi 🐈. I wish this community success and growth. By God’s Grace, it will be one of the greatest platforms on Steemit.
Introduction
In my previous post, I wrote about 573K Burned Puss and now again, the $PUSS team has celebrated a significant milestone: 673,000 tokens have been burned, which is a concept that shows $PUSS dedication to long-term value development.
This movement has removed about 0.0673% of the 1 billion previously circulating supply, and the goal of this burn is to reduce the number of tokens in circulation, which will increase demand, and eventually make $PUSS even more valuable and scarcer for all holders because we have seen $PUSS been on the green zone ever since.
![image.png](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmYBhqUHKZ63f1yYKeNRhS892qty9U3FuZZgBzg5wFuPBe/image.png)
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The Importance of Token Burns
Token burning is the process of removing a set quantity of tokens from circulation forever, and these tokens are permanently inaccessible by sending them to TYJef2GKNYc3qdvQFeLTtPcbnPkUGVH4NA, which is a selected burn address for PUSS.
This method is done intentionally to reduce or cut supply which will also significantly affect the market dynamics of a token, the scarcity factor increases when there are fewer tokens available, which will lead to increased demand and possibly higher prices.
In order to create a more powerful future for the community as a whole, $PUSS is determined to burn this permanently to show its dedication to the Inflationary of the price.
![image.png](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmbsN1o3dWT6vNWa4qkhmcwfkHd89LhEFReXppKW2Z65Ao/image.png)
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The PUSS Community Impact
The consistent effort and active engagement of the $PUSS holders is seen by the additional burn of 100,000 $PUSS tokens, bringing the total burn to 673,000, and as we have said, the goal of burning each token is to increase the current value of the remaining tokens.
By showing a transparent approach to tokenomics, this project not only reduces the amount in circulation but also helps community members' trust in it.
These steps are especially important in a highly competitive crypto environment, where investor trust and interest can be driven by scarcity, $PUSS is proving itself as a project that values long-term growth instead of quick profits by strategically burning its tokens since we don't even know how many is left waiting to be burnt.
In conclusion, investors looking for projects with long-term value may find this strategy very appealing, and might want to be part of it, this is not your regular pump-and-dump project.
![image.png](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmZwGrPCvhKUhBvwcteKTWHXoVY4NZRz7GMGEGBncxB8tV/image.png)
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Conclusion
An important milestone in the development of $PUSS has been reached with the deliberate burning of 673,000 $PUSS coins, It is an obvious effort to show how deflationary actions might be used to boost the price of a coin and increase the community support and belief in the project.
This means that each token left in circulation will be worth more, the $PUSS community is still hopeful about the future thanks to constant development, and this token burn shows a dedication to creating a more stable and profitable future for all parties involved in the $PUSS ecosystem, not just a temporary usage.
https://x.com/Negrobby/status/1887916078346420343
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Token burning to reduce supply and potentially increase value is a well-known tactic,
@negro
-bby. With another 100k USDPUSS burned, it's clear you're aiming to enhance scarcity. However, the real test will be whether this leads to sustainable growth or just short-term hype. How do you ensure that this strategy doesn't just inflate a bubble, but genuinely supports the project's long-term vision?
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Note:- ✅
Regards,
@jueco
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