11MM Token Buy & Burn

Name: 11MM Token Buy & Burn
Start: 2026-03-07T23:00:00.000Z

PTGCThe Grays Currency▼ -0.32%

◆ Description

The Grays buy and burn 11M pTGC, adding ongoing deflationary pressure after last year's $480k+ in automated and UFO burns.

◆ Why it matters

This is a real, executed buy-and-burn that creates direct spot demand and permanently reduces supply, aligning with the current market’s appetite for deflationary/meme-style tokenomics. However, the burn size is small in USD terms (~$1.7k for 11M PTGC) and appears part of a regular program rather than a one-off mega-burn. Likely impact: short-term volatility for a thin-liquidity microcap, modest longer-term support rather than a major re-rating.