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How Dragoin Uses Token Burns to Enhance Value

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by Giorgi Kostiuk

4 days ago


While Hyperliquid and NEAR Protocol catch the attention of diverse audiences, it's Dragoin’s token burning strategy that warrants closer examination.

Hyperliquid Token Price Rebound

After a substantial drop from $27.53 to $12.06 between February 18 and March 13, Hyperliquid (HYPE) has seen a recovery, with a 25% increase over the last week. While this movement indicates renewed buying interest, technical indicators still display a complex picture.

NEAR Protocol Network Capacity Enhancement

NEAR Protocol expanded its network from six to eight shards, increasing network capacity by 33%. This upgrade allows validators to adjust shard states within a single block, significantly reducing downtime and simplifying the dynamic shard splitting system.

Dragoin's Token Burning Mechanism

Dragoin offers its early investors a unique opportunity through its presale structure, which includes burning all unsold tokens. From the close of each presale stage, tokens that remain unsold are permanently removed from circulation, increasing supply scarcity.

While Hyperliquid and NEAR Protocol continue to evolve, Dragoin applies a strategy that instantly impacts token value by burning them. Therefore, limiting supply isn't a marketing gimmick but a structural advantage.

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