Degen to Conduct Token Burn Event on August 25, 2025

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The Degen project plans to conduct a token burn event on August 25, 2025. Token burns are a method of reducing circulating supply, commonly used to enhance token value and stability. In the current Web3 sector, an increasing number of projects are adopting this strategy to address market volatility and strengthen investor confidence. Degen’s initiative may have a positive impact on its ecosystem.

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