According to Crypto Rover (@rovercrc), the $BIGJIM token is set to initiate a significant burn event once its market cap reaches $5 million. This event will permanently remove 1% of the total token supply, valued at $50,000, from circulation. The strategy aims to reduce supply to potentially increase the token's value and market movements.

According to Crypto Rover (@rovercrc), the $JTRUMP token has seen a significant development with the burning of 500M tokens, which constitutes 50% of its total supply. This action, coupled with a notable increase in trading volume and a rapidly growing holder base, suggests a bullish outlook for the token. Rover estimates a potential market cap of 100-300M for $JTRUMP, highlighting the impact of the supply reduction on its market dynamics.

According to Erik Voorhees, a significant token burn and buyback strategy has been implemented, reclaiming 1/3 of the total supply and burning it, along with buying back and burning the 1% sold at launch. This move is aimed at reducing supply and potentially increasing token value. Source: Erik Voorhees' tweet and The Block article.

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.