NFT Project Took Action to Reduce Altcoin Supply: 60 Percent Rise in Price!

NFT marketplace LooksRare has announced its new game with the aim of reducing the inflationary nature of its native cryptocurrency LOOKS.

LooksRare made a statement on Twitter on November 23. in the statementlocal cryptocurrency of LOOKS supply to reduce He talked about his new plans for

In the statement, it was stated that they aimed to reduce the LOOKS supply by using various mechanisms, and as the first move in this field mini game of INFILTRATION It was announced that it was launched.

Stating that LOOKS will now have a deflationary structure with the game in question, the NFT project includes all the items used in the game. of LOOKS He said 25% of it would be burned.

LooksRare also generates 50% of its revenue from the market. take LOOKS He stated that it will be used for

The fact that LOOKS will have a deflationary structure in line with its new targets created excitement and mobilized investors. With the statement made by the team $0.0839 LOOKS at levels, 57% with rise to $0.132 reached. LOOKS, while typing from $0.121 is being traded.


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