The Pluto project has completed a community-requested token burn, removing 5,000,000 PLUTO tokens from circulation—equivalent to approximately $259.88 at the time of burning. This deflationary mechanism is part of the project's tokenomics strategy. Simultaneously, PLUTO has achieved a 10x ranking boost on Dexscreener, reflecting increased trading volume and market interest. The project is preparing for its public domain launch, marking a significant milestone in its development roadmap.
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blockBoy
· 18h ago
There are so many tricks and methods in coin burning; can it really lead to a price increase?
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LiquiditySurfer
· 18h ago
Burn 5 million coins, and it's only 259 dollars... How outrageous does the LP yield have to be to fill this gap?
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CryptoPhoenix
· 18h ago
Remember everyone, the bottom range is like this: one burn leads to a surge in ranking. The law of conservation of energy never fails in the crypto world.
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GasWaster69
· 18h ago
Burn 5 million coins to increase by 10 times? I don't quite understand this logic...
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AirdropHermit
· 18h ago
Burned 5 million coins for only 260 dollars? That number seems a bit outrageous.
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DegenApeSurfer
· 18h ago
Burning such a small amount of coins... can it really withstand the upcoming issuance pressure?
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MEVHunter
· 18h ago
5 million tokens burned, Dex ranking 10 times higher, what about the arbitrage opportunity in this price difference? Is there still a chance in the mempool...
The Pluto project has completed a community-requested token burn, removing 5,000,000 PLUTO tokens from circulation—equivalent to approximately $259.88 at the time of burning. This deflationary mechanism is part of the project's tokenomics strategy. Simultaneously, PLUTO has achieved a 10x ranking boost on Dexscreener, reflecting increased trading volume and market interest. The project is preparing for its public domain launch, marking a significant milestone in its development roadmap.