Avalon Labs bet on scarcity to drive long-term value of tokens
Source: CoinWorld
Time: 2025-09-10 18:19:01
Avalon Labs has destroyed more than one-third of the total supply of tokens to enhance its scarcity and long-term value. The destruction is open and transparent through official channels, in line with industry practices, and supports the deflation model. Investors are optimistic and notice potential price uptrends, but the end result depends on market conditions. This move could impact the broader token economics trends in dApp and Web3.