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📅 July 3, 7:00 – July 9,
TRON founder Justin Sun announced that his cryptocurrency project SunPump has burned $8 million worth of SUN tokens, and plans to burn an additional $4 million worth of tokens. These burns are aimed at addressing the issues of income repurchase and destruction, as suggested by the community to burn Liquidity LP tokens and increase Token Liquidity Depth. This approach also complies with regulatory requirements, similar to the practices of mainstream meme tokens like SHIB.