Cryptocurrency Q&A
What does the high burn rate mean for smoke token?
What does the high burn rate mean for smoke token?
CryptoLegend
Sun Dec 15 2024
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7 answers
1726
I'm wondering about the implications of the high burn rate for the smoke token. What does it signify in terms of its usage, demand, or overall market performance?
7 answers
Riccardo
Tue Dec 17 2024
The elevated burn rate signifies that a portion of every transaction fee will undergo combustion.
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DigitalDynastyQueen
Tue Dec 17 2024
This process involves removing a segment of the fees from circulation.
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Daniele
Tue Dec 17 2024
Consequently, the supply of $SMK will start to diminish gradually.
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Paolo
Tue Dec 17 2024
As the supply decreases, it is anticipated that the price of $SMK will increase.
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Andrea
Mon Dec 16 2024
The team behind $SMK has its sights set on numerous exchanges.
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