Today I want to show you another reason why you should invest in lead wallet token.
If you have been conversant with cryptocurrency , then you should also be aware of the term " Token Burning".
This is a strategy where by a cryptocurrency firm burns some amount of it's token in order to reduce it ,and thus cause a rise in the price of the token .
Another term in cryptocurrency that I want also to bring out , is the term " buy back" . This is a situation whereby a cryptocurrency company buys back some of their token in circulation , thus reducing the amount of token in circulation ,and causing the price of the coin to rise simultaneously.
Lead wallet has 454,310,845 in circulation with about 500 million plus in cold storage . Now the beauty about lead wallet burning is that , they will USE 30% OF THEIR PROFIT TO BUY BACK LEAD TOKEN IN CIRCULATION , AND BURN THEM .This will reduce the amount of lead token in circulation .
They will continue this process of buying back and burning their token in QUARTERLY intervals ,until 300 million lead token is left.
Of course this will really affect the price of the token positively, and long term holders will be the ones to benefit from it.
