GIGGLE's latest burn data is out: 1,673 tokens have been completely burned, corresponding to a market value of $111,700, representing a roughly 50% decrease from the previous period.



An interesting comparison is here—current circulation data shows a total of 994,905 tokens in circulation. Compared to VC tokens under inflationary pressure, GIGGLE's continuous burn strategy forms a stark contrast, with tokens constantly undergoing deflation.

From a long-term perspective, this dual mechanism of burn + deflation provides price support, and a bottom of 1000U is not just wishful thinking. Those holding positions might want to mark this and revisit whether this judgment holds after a year.
GIGGLE8,19%
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ContractExplorervip
· 01-06 07:53
The intensity of destruction is starting to weaken. Is this a signal? However, the deflationary logic has indeed held firm. Let's wait and see if 1000U can hold.
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MEVHunterNoLossvip
· 01-06 03:56
The scale of destruction has been cut in half... This pace is a bit slow, but the deflation logic really can't hold up. Bottom at 1000U? Let's see if it can stabilize before bragging.
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GasFeeCryervip
· 01-04 22:52
The destruction scale actually declined? What is this guy thinking? When it really matters, he backed down.
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probably_nothing_anonvip
· 01-03 10:54
Has the scale of destruction been cut in half? This pace feels a bit虚... But the deflation aspect确实打脸 those VC coins that are printed recklessly. --- Wait, can 1000U really hold? I'm skeptical. --- The strategy of destruction and deflation is不错, but it feels a bit like overhyped marketing. --- Looking back after a year, I bet it won't hold at 1000U. --- Relying on destruction to support the price... does that count as self-rescue?
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GhostChainLoyalistvip
· 01-03 10:51
The level of destruction is actually declining. What's going on? Can it really hold the bottom? It seems like just burning coins might not be enough.
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PerpetualLongervip
· 01-03 10:42
Has the scale of destruction actually decreased? This doesn't seem right... No matter how appealing the deflation logic is, what does it say about the mentality when the circulating supply keeps climbing?
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ForkMastervip
· 01-03 10:34
Burning drops by 50%? The project team is probably just performing the classic "gradual cooling down" routine... The data looks impressive, but I just can't seem to believe it.
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TokenomicsPolicevip
· 01-03 10:31
The scale of destruction has been cut in half, and the pace is a bit slow... but the deflationary logic really convinced me. The judgment of the 1000U bottom will be seen in a year.
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WhaleStalkervip
· 01-03 10:27
The destruction intensity has decreased by 50%, which is quite outrageous. How can they still be promoting the deflationary mechanism? The key is whether they can stabilize it in the future. One year is too long; let's see in half a year.
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