According to Milk Road, Pudgy Penguins has burned 13.69% of the $PENGU supply, valued over $150 million, as the claim period concludes. This reduction in circulating supply could potentially increase the scarcity and value of the remaining tokens, impacting trading strategies.

According to Ai 姨, BGB has announced a major token burn mechanism. The initial burn will eliminate 800 million BGB tokens held by the core team, which constitutes 40% of the total supply. This will reduce the total supply to 1.2 billion BGB tokens, all of which will be fully circulating. Starting in 2025, BGB plans to conduct quarterly burns, using 20% of profits for buybacks and burns.

According to Ai 姨, BGB has announced a significant token burn mechanism. The initial burn will eliminate 800 million BGB tokens held by the core team, which constitutes 40% of the total supply. This action will reduce the total supply to 1.2 billion BGB, achieving full circulation. Additionally, starting in 2025, BGB plans to conduct quarterly burns using 20% of its profits for buyback and burn operations.