To be honest, the deflationary design of $giggle has some issues. The total issuance is only 1 million pieces, and at the current rate, 82,000 will be burned in a year, which is less than 1% of the total amount. This level of destruction simply cannot support the To da moon effect, and the deflation narrative is basically unsustainable. If you really want to rely on destruction to pump the price, this data needs to at least multiply by 5-10 times to see any impact.
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GateUser-e87b21ee
· 9h ago
The destruction speed is so slow, no wonder nobody is speculating.
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LidoStakeAddict
· 12-02 02:37
Wow, this deflation data is really disappointing, not even reaching 1% and wanting to tell a story?
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With such a low amount of destruction, how can it drive the flywheel?
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It needs to increase by 5-10 times to see results, right now it's just self-deception.
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1 million pieces burning 82,000 a year, wake up everyone.
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This narrative really isn't strong enough, it needs to be tougher.
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It feels like the project party is just drawing a pie in the sky, the destruction speed is too disappointing.
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AltcoinTherapist
· 12-02 02:28
The speed of this deflation is really outrageous; it would take a 50 times burn to make it look somewhat decent.
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NFTArchaeologist
· 12-02 02:26
The light rain is burning, this deflation narrative is a bit awkward.
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CryptoCrazyGF
· 12-02 02:22
Uh, 82,000 can't be burned, how can we still have the nerve to talk about deflation?
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CrossChainBreather
· 12-02 02:21
This little bit of stuff that’s burned doesn’t even count as a scratch, and you want to rely on this to take off?
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GasWaster
· 12-02 02:14
The burn speed is so disappointing, and you're still boasting about the contraction? Are you kidding me?
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GateUser-9ad11037
· 12-02 02:12
The data is being pumped like this, and you're still trying to brag about the contraction? Laughing to death.
To be honest, the deflationary design of $giggle has some issues. The total issuance is only 1 million pieces, and at the current rate, 82,000 will be burned in a year, which is less than 1% of the total amount. This level of destruction simply cannot support the To da moon effect, and the deflation narrative is basically unsustainable. If you really want to rely on destruction to pump the price, this data needs to at least multiply by 5-10 times to see any impact.