The recent performance of this project has indeed attracted attention. From the observed data, the liquidity lock addresses have burned over $500,000 worth of tokens, and the number of participating wallet addresses continues to grow. Interestingly, compared to the previous egg project, although the egg black hole address has a lock ratio of up to 51%, it still managed to reach a market cap of $8 million, and this project's current burn and lock mechanisms also hold great potential.



From the perspective of the burn mechanism, continuous token burning reduces the circulating supply, which can typically support higher price momentum. Coupled with the growing community engagement, the potential of this project seems significant. The key question is whether, under a similar token economic model, it can replicate or even surpass the performance of previous projects. The market will provide the answer.
EGG-0.49%
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StakeOrRegretvip
· 3h ago
$500,000 worth of tokens burned sounds like a lot, but back then, egg had a market cap of only $8 million and only locked 51%... This logic is a bit questionable, and it's hard to say how likely copying now really is.
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WenMoonvip
· 3h ago
500,000 tokens burned sounds like a lot, but we’ve seen Egg's market cap reach 8 million before. Can it break 10 million this time? It’s a bit uncertain.
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PrivacyMaximalistvip
· 3h ago
A burn of 500,000 sounds good, but was egg's market cap of 8 million back then really due to the burn mechanism? It seems like most of it was just hype.
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SmartContractWorkervip
· 3h ago
Destroy $500,000 directly? This move is quite something, but egg also used this tactic back then. Whether it can replicate the $8 million worth depends on whether the community is willing to buy in.
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