Cryptocurrency Q&A
What is biceps crypto?
What is biceps crypto?
CryptoWizard
Tue Dec 03 2024
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5 answers
1068
Biceps crypto is a decentralized and deflationary cryptocurrency that rewards its holders with Bitcoin. Every transaction of Biceps triggers a burn, reducing the total supply and increasing its scarcity. Additionally, a portion of every transaction is redistributed to all Biceps holders in Bitcoin, creating a passive income stream for them.
5 answers
SamuraiWarriorSoulful
Thu Dec 05 2024
Holders of Biceps token are rewarded with Bitcoin for their holdings. This unique mechanism incentivizes investors to hold onto their tokens rather than selling them, which helps to stabilize the price.
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GeishaElegance
Thu Dec 05 2024
With every transaction involving $BICS, a percentage of the amount is burned, effectively reducing the total supply of the token.
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EthereumEmpress
Thu Dec 05 2024
Biceps token represents a novel approach in the cryptocurrency sphere.
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Ilaria
Thu Dec 05 2024
This reduction in supply leads to an increase in scarcity, making Biceps token more valuable over time.
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Tommaso
Thu Dec 05 2024
It is designed to be both decentralized and deflationary, ensuring that its value is not controlled by a central authority and that its supply decreases over time.
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