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Cryptocurrency News Articles
Pigcoin Completes Third Major Token Burn This Month, Reinforcing Commitment to Sustainable Growth and Community Empowerment
Jan 22, 2025 at 07:13 pm
Pigcoin, the leading meme coin on the Polygon network, continues to demonstrate its commitment to sustainable growth and community empowerment by completing its third major token burn this month.
Pigcoin, the meme coin spearheading the Polygon network, has completed its third major token burn this month, underscoring its commitment to community empowerment, and sustainable growth.
On January 22, 2025, Pigcoin burned another 30 billion tokens, adding to the total of an impressive 90 billion tokens burned this month.
Kicking off 2025 with a bang, Pigcoin initiated this series of token burns on January 8th and 15th, each reducing the supply by 30 billion tokens. In total, Pigcoin has now removed around 3% of its 3 trillion total supply from circulation in January alone, as part of its long-term strategy to enhance token value and reward its growing community of holders.
Pigcoin, a rapidly growing cryptocurrency, made headlines in January 2025 by burning a massive 90 billion tokens as part of its strategy to reduce the cryptocurrency’s total supply. The move aims to bolster the cryptocurrency's value by decreasing its circulating supply and enhancing its scarcity.
Pigcoin's continuous efforts in the cryptocurrency market are evident in its recognition as the top meme coin on the Polygon network, with over 500,000 global holders. The project is committed to creating value through strategic initiatives.
“Our slogan, ‘Little Pig, Dream Big!’, encapsulates a vision that extends beyond personal growth to fostering a sustainable and thriving community,” said a Pigcoin spokesperson. “These burn events are a reflection of our commitment to delivering on that promise.”
Since launching on December 22, 2023, Pigcoin has achieved several milestones:
With its unique blend of blockchain technology and meme culture, Pigcoin has positioned itself as a leading force in the cryptocurrency market. The recent burns solidify its status as a movement that combines humor, technology, and community strength.
Commonly used in the cryptocurrency market, token burns involve sending a portion of the total supply to an inaccessible wallet address, effectively removing it from circulation. Pigcoin's latest burn is among the largest in its history and highlights the project's dedication to driving long-term value for its holders.
This burn aligns with Pigcoin's roadmap, which prioritizes a deflationary model to curb inflation and encourage investor participation. By reducing the total token supply, Pigcoin anticipates increased demand, which could stabilize its price and maintain its appeal as a store of value.
While the burn is expected to positively influence Pigcoin's market dynamics, market adoption rates and broader economic trends will ultimately dictate its future trajectory.
Built on the Polygon chain, Pigcoin is an ERC-20 token designed to combine the playful appeal of meme culture with scalable blockchain technology. It has a total supply of 3 trillion tokens.
For more updates and to join the Pigcoin community, visit:
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