What is Sucelun
Purpose:
Sucelun is designed to address the issue of the high supply of CRO (Crypto.com) token. By doing so, it aims to increase the value of the remaining CRO tokens through a reduction in supply.
Real-World Problem:
High supply can lead to lower prices for tokens due to the principles of supply and demand. By reducing the supply, Sucelun aims to create scarcity, which will lead to an increase in the value of CRO tokens.
Burn Mechanism:
Taxable Trading Volume: A 5% burn mechanism on all taxable trading volumes is implemented. This means that for every transaction involving Sucelun, 5% of the value is used to buy and burn CRO tokens.
Burn Impact:
This will effectively reduce the circulating supply of CRO, thereby increasing its value over time.
Token Address: 0x8e2cdbCaae10329A9C78D48C94D27627C3A64129
Sucelun is designed to address the issue of the high supply of CRO (Crypto.com) token. By doing so, it aims to increase the value of the remaining CRO tokens through a reduction in supply.
Real-World Problem:
High supply can lead to lower prices for tokens due to the principles of supply and demand. By reducing the supply, Sucelun aims to create scarcity, which will lead to an increase in the value of CRO tokens.
Burn Mechanism:
Taxable Trading Volume: A 5% burn mechanism on all taxable trading volumes is implemented. This means that for every transaction involving Sucelun, 5% of the value is used to buy and burn CRO tokens.
Burn Impact:
This will effectively reduce the circulating supply of CRO, thereby increasing its value over time.
Token Address: 0x8e2cdbCaae10329A9C78D48C94D27627C3A64129