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BLMV2 Price Live Data
Bullmoon is a deflationary cryptocurrency. Every time a transaction takes place with Bullmoon, 5% of that transaction is distributed and removed (i.e. "burned") from the total supply. This increases the scarcity of every Bullmoon token in circulation. What this means is that every time Bullmoon is used, the value of the remaining Bullmoon tokens in circulation is increased by simultaneously decreasing the supply (deflation), while also distributing Bullmoon to everyone using the token. As a result of this, every single Bullmoon holder has an incentive to spread the use of Bullmoon as much as possible. As more transactions take place on the network, the individual net-worth of all who own a piece of the network increases as well.