RROCKET Burns 50% of Its Supply to Fuel Growth and Investor Confidence
26 Abril 2024 - 3:00AM
The team behind the RROCKET project has announced the burning of
50% of its token supply. This is part of the project’s
comprehensive development campaign, which includes listing the
token on major exchanges and more milestones.
The immediate goal is to achieve a $1 million
market capitalization and continue with weekly token supply burns.
RROCKET also introduces security measures for investor protection
and a unique initiative to incentivize participation in the token
supply burn.
The Importance of Burning Tokens and a Look at Future
Plans
RROCKET's choice to burn half of its overall
supply of tokens is a move to introduce deflation into the
ecosystem. In simple terms, burning tokens decreases the
circulating supply, which can increase token value.
With a total supply of 100 billion tokens
reduced to 50 billion, the team’s major burning operation is a
great step to boost the project’s value. The project has no taxes,
and the team has fully renounced the contract, ensuring
transparency and security for its users.
Burning a significant part of the token supply
is one of the many milestones in the team's roadmap. This
development plan includes four stages:
- Stage 1: This phase focused
on creating and launching the RROCKET token on the Solana network.
From here, the team began establishing an online presence, setting
up an initial airdrop for community growth, and more.
- Stage 2: The second stage
involves a massive marketing campaign with collaborations from
major agencies. The 50% supply burn strategy happened in this
phase. The second stage will also feature an airdrop to expand the
community. At the end of this phase, the project wants to achieve a
market capitalization of $1 million.
- Stage 3: The team plans to
implement a weekly token supply burn program and list RROCKET on
centralized exchanges. Listing on CEXs will increase the token's
accessibility and credibility. CoinMarketCap and CoinGecko listings
are also part of this stage, which will further boost exposure for
the project.
- Stage 4:
The final stage focuses on reaching a market capitalization of $300
million. The team will also work to list its token on the top 20
CEX platforms.
The Burn Challenge Opportunity
The fourth stage in the RROCKET team's roadmap
mentions a burn challenge event. This opportunity presents a
guaranteed 10x rewards program for holders. Specifically, each $10
burned results in $100 given back to the community.
For every entry made with the $10 burned, there
will also be a chance to win a $250K giveaway. Users must purchase
$10 of RROCKET and transfer it to the official Burn Challenge
wallet to join the opportunity.
Security and Investor Protection: A Shield for Serious
Investors
The RROCKET project also plans to introduce a
fraud prevention tool to ensure the security and protection of its
investors. This will not only protect the project from potential
threats but also reassure serious investors.
The team's return of all the invested funds to
holders after being victims of a liquidity hack shows their
seriousness. Behind a seemingly simple project is a strong focus on
transparency and community building. The team understands the
importance of investor trust and is taking necessary steps to
protect their interests.
About RROCKET
RROCKET is a new Solana-based project wishing to
stop scammers and make the crypto world safe for all. He works hard
to help others with simplicity and safety in mind. In this
narrative, RROCKET is the protagonist who started his journey with
a dream of becoming a superhero to help others.
Most importantly, safety and simplicity remain
at the core of this project. Through burning 50% of its supply,
RROCKET aims to increase its token value and achieve an appealing
market capitalization. The team also plans to introduce measures
for investor protection and incentivize participation in the token
supply burn.
The team has a full commitment to grow and
partner with projects that share similar values. The 4-stage
roadmap is an easy-to-read promise of what RROCKET aims to achieve.
The burn challenge opportunity allows holders to win rewards and
enter a $250K giveaway.
Anyone interested in discovering RROCKET's goals
and milestones can refer to its new website. The team's social
media pages also provide regular updates and insights into the
project's progress.
X (Twitter) | Telegram
Jessica B.
admin at rrocket.io