đ BTT / $BTTC Burn Facts You Need to Know
So many wild claims flying around about BitTorrent token burns⌠letâs set the record straight đ
1ď¸âŁ Redenomination Reality
⢠BitTorrent ($BTT ) redenominated into $BTTC .
⢠During that swap, ~52.9% of the old BTT (BTTOLD) was burned.
2ď¸âŁ Confirmed Burn Numbers
⢠Verified reports show ~58â60.4% of the original BTT supply was destroyed.
⢠Thatâs around 580â600B tokens out of ~990B.
3ď¸âŁ What âBurnedâ Actually Means
⢠Tokens sent to inaccessible addresses = gone forever.
⢠But note: many of these burns were tied to the redenomination process not ongoing deflationary burns.
â ď¸ Whatâs NOT True
⢠Claims of â80% of BTTC burnedâ are not supported by credible sources.
⢠Confusion often comes from mixing up old supply burns with current circulating supply.
â The Bottom Line
The real number is closer to ~60% burned, not 80%.
Always check facts before believing hype especially when it comes to tokenomics.
