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Ontology Burns 200M ONG Tokens to Restructure Gas Tokenomics

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ONG
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$86,903.20-0.97%
Ontology has burned 200 million ONG tokens, cutting the total supply to 800 million. The move adjusts tokenomics to boost scarcity and utility. The project shared the update on X, signaling a shift in the token’s economic model. Developers and users may benefit from the deflationary action, but success relies on adoption and demand.
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