MEET48 has destroyed 23.472 million IDOL and repurchased 169.9 million, accounting for 4% of the total supply.

On September 4th, the world's first AIUGC and fan economy ecological community focused on the entertainment sector, MEET48, announced the destruction of 23,472,000 IDOL, which accounts for approximately 0.489% of the total supply of IDOL tokens and 30% of the total votes in the first Web3.0 All-Community Annual Idol Popularity Audition & Ceremony (WIPA), and published the Hash for the transfer to the Burn Address: 0x048070c7a8b36150ce33b75ade00af8d00c0d2335ef6b402bc72a722d83c833e.

At the same time, MEET48 also completed the repurchase of 169,920,000 IDOL, accounting for approximately 3.54% of the total supply of IDOL Tokens, and announced the repurchase addresses: 0x23787C1ca6fe2db73740f70b13c6dEF80c1c8521 and 0x5A1d78Bb15E074A085379FBcBAF959CfA7660E50.

Previously, MEET48 was shortlisted for the 2025 Annual Awards Rising Star on a certain trading platform and made it to the Top 10 Rise Token on Alpha Focus of a certain platform in the past week. This IDOL burn and repurchase plan aims to reduce the overall supply, enhance the Token value, and further strengthen the community power of MEET48. As an innovative pioneer in the Web3.0 entertainment industry, MEET48 is reshaping the global idol industry and fan economy through blockchain and AI.

IDOL-0.89%
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FarmToRichesvip
· 09-07 05:54
The destruction intensity is acceptable.
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VirtualRichDreamvip
· 09-06 02:38
The intensity of the destruction can be increased.
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SchrodingerWalletvip
· 09-04 09:29
Burning is just playing with numbers.
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ZenChainWalkervip
· 09-04 09:29
The small-scale burn is not very effective.
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SerumSquirtervip
· 09-04 09:24
Small investors come to grab some profits.
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SchroedingerMinervip
· 09-04 09:20
The destruction is quite fierce.
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