Oh my gosh you guys! The team behind the metaverse for everyone has come through for us again. If you hold RFOX tokens, the team wants to make them more valuable for you.
You probably know all about the law of supply and demand but I can remind you just in case. When something is in demand the price is determined by how many of that item are in the supply.
So if there is high demand but little supply then the price will go up, and also vice versa. When $RFOX token came into the crypto market there were two billion tokens going to become available.
But the team keeps burning them and making the max supply smaller and smaller. Whenever a burn happens by sending tokens to a wallet with no private key then the tokens still in circulation rise in value. It is simple economics!
Also the new burn is just a small piece of what’s going on inside the RFOX ecosystem. I ask you to watch the CEO AMA to get his opinion. And to really stay informed about all the goodness that the team can give you go ahead and read the new RFOX update article to find out.
Some extra tricks are up the team's sleeve? We shall all find out very soon!