2025-12-27 10:26:59

A leading DEX finally initiated token burn — burning 100 million tokens in one go, with a market cap evaporation of nearly $600 million, and a voting support rate of 99.9%. The project team also took advantage of the holiday atmosphere to post and announce this news, but looking at the market, the price remains unchanged, oscillating repeatedly in the $5.8~$5.9 range.

From a candlestick perspective, the four-hour upward momentum is still present, theoretically pushing the price toward $7, with a support line at $5.6 below. However, due to the dual impact of options expiration and poor market liquidity during the holiday, the probability of continued sideways movement in the short term is higher.

The protocol fee switch has finally been turned on, which means that in the future, there will be a continuous buyback and burn of 5%~10% of tokens each year — sounds pretty good. But there's a prerequisite: funds must actually flow in, and trading activity must pick up. If either condition is missing, no matter how attractive the burn mechanism looks, it’s just a numbers game.

The key question now is — does this large-scale burn truly indicate a fundamental improvement, or is it just a sentiment-driven pump? After the unlock period on the 28th, we might see some clues. That will be the moment to test the project's true trajectory.

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UnluckyLemur

· 12h ago

Burning coins without increasing price, I've seen this trick too many times Let's see the real deal on the 28th, right now it's all just on paper Poor liquidity and still trying to pump, dream on No funds entering the market, the destruction mechanism is just a joke Stuck in sideways oscillation for so long, I'm really exhausted 99.9% voting turnout, how come no one asks why this is so orderly Repeatedly grinding at $5.8, holiday atmosphere can't save it No funds coming in, even the best mechanism is useless Just turn on the fee switch and it's done? Wake up, this is

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Anon4461

· 12h ago

Burning coins without increasing the price, I know this trick well, just a shell game --- 99.9% of votes support it, but the market reaction is nothing, hilarious --- Waiting for the unlock on the 28th, anything said now is pointless --- Protocol fees can be continuously burned once opened, but only if someone is trading, that's the real issue --- Sideways trading, always sideways, I'm exhausted --- Another wave of holiday marketing, time for friends to wake up --- Don't expect anything from $7 if liquidity is poor, just dreaming --- Burning 600 million market cap sounds impressive, but in reality, the price is still stagnant --- If the funds don't keep up, all mechanisms are just paper tigers --- That's why I only look at candlestick charts, not stories

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WalletDetective

· 12h ago

Burned 600 million and still stubbornly holding at 5.8, hilarious. This is the magic of Web3. It's just a data game; any burn that no one takes over is just Photoshop. Waiting for the unlock on the 28th—that will be the real moment when the truth is revealed. A 99.9% voting rate... why does it feel so fake? Protocol fees are turned on, but what's the use when the trading volume is zero? Another wave of emotional trading, funds haven't really followed. Just sideways trading—this is wearing down retail investors' patience.

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MoonMathMagic

· 12h ago

Burning coins without a price increase is really outrageous --- It's another data game, let's wait until the 28th to see the real deal --- A 99.9% voting turnout is suspiciously high, feels like a smoke screen before a rug pull --- Poor liquidity should lead to sideways movement, don't expect holidays to save the market --- If funds don't come in for burning, it's just fooling oneself, stop deceiving yourself --- In theory, it should hit 7 dollars, but in reality, it's still gray at 5.8 haha --- The market was already dead during the holiday, any announcement now is pointless --- Opening protocol fees is useless; we need to see if trading volume truly increases --- Once the unlock period arrives, you'll know who's swimming naked --- Coins that are burned daily and keep increasing in price have long flown away; the current volatility indicates a problem

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MEV_Whisperer

· 12h ago

Burning coins without increasing the price is just ridiculous, pure tactics to scalp retail investors.

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GasOptimizer

· 12h ago

Burning coins without a price increase, this is awkward. When will the sideways trend break? Waiting is exhausting. A 99.9% support rate—what does it mean? Major investors want to exit. Funds need to flow in; otherwise, the destruction mechanism is just a mirage. The real move is on the 28th. Anything said now is pointless. Another wave of cutting leeks tactics, deceiving retail investors and then institutions. Will the protocol fee increase if opened? Wake up, everyone. Poor liquidity and still daring to sideways trade—wait until the holiday ends for a plunge.

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