BurningMoon Announces Regular Live Token Buyback and Burn Events.
Frankfurt, Germany / SEAPRWire / September 08, 2021 /- BurningMoon announces that it will continue its Live Token Buyback and Burn Events on a regular basis. Its first Buyback and Burn Event sparked wide interest among investors and a positive market response, as tokens worth over 100.000$ were bought back from the market and burned in an exciting live event on September 4th at 20:00 UTC. Rainhard, the main developer, states that BurningMoon plans to buyback and burn tokens on a weekly basis. He says “We are aiming for the fastest raising price floor of any token” and explains, that in the first week after BurningMoons successful launch on September 28th over 25% of its token supply were already burned. This is more as Safemoon burned in its entire lifetime. Rainhard says, that everything around BurningMoon is designed to burn its token supply quickly, which increases scarcity and ultimately value for all investors. This will be achieved through frequent token Buyback and Burn Events, as well as several functionalities which were specifically implemented into its smart contract, such as the possibilities for any holder to Sacrifice tokens to increase rewards permanently or acquire ...
