TRON’s TRX Supply Decreases By 2.41 Billion Tokens Amid Deflationary Strategy

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TRON’s native cryptocurrency, TRX, has undergone a notable reduction in its circulating supply over the past year, dropping from 88.97 billion to 86.56 billion tokens. This decrease, amounting to -2.93%, equates to approximately $381.2 million in value. The decline is attributed to ongoing token burns and strategic mechanisms aimed at bolstering long-term value and scarcity. Over the past year, $TRX supply has decreased from 88.97B to 86.56B, a decrease of 2.41B $TRX($381.2M).$TRX is in deflation with a rate of -2.93% over the past year. pic.twitter.com/LNG0f35Nav — Lookonchain (@lookonchain) October 11, 2024 Despite the reduction in supply, TRX has demonstrated a

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