HOGL finance price

HOGL

HOGL is a deflationary currency on BSC, with reduced fee's thanks to Binance Smart Chain. There will never be more HOGL in circulation than there is now. Every time a transaction takes place with HOGL, 2% of that transaction is distributed and removed or “burned” from the total supply. This increases the scarcity of every HOGL in circulation. What this means is that every time HOGL is used, the value of the remaining HOGL in circulation is increased by simultaneously decreasing the supply (deflation), while also distributing HOGL to everyone using the token. As a result of this, every single HOGL holder has an incentive to spread the use of HOGL as much as possible. As more transactions take place in the network, the individual net-worth of all who own a piece of the network increases as well.