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Elon2023Inu Coin is a deflationary token designed to become scarcer over time. Inspired by Elon Musk and upcoming years of 2023. Elon2023Inu is an ambitious meme token.
? There are various strategies in place to decrease the supply of Elon2023Inu Coin over time, meaning individual holdings will become more valuable.
Via ? BuyBack & ? Burn, 1% Elon2023Inu is collected from every transaction and converted to ETH, which are stored in the contract. When BuyBack & Burn is enabled, the contract purchases Elon2023Inu directly from exchanges, driving the price up, and immediately and permanently removes those purchased tokens from circulating supply by sending them to the contract "Burn" address. This means less circulating supply, so a higher share of rewards paid to holders.