$MAPO price rose by 5% in the short term, possibly influenced by MAP Protocol's proposal to repurchase and destroy MAPO

gate News: The BTCL2 project MAP Protocol announced the launch of the MAPO repurchase and destruction proposal, aiming to enhance the long-term value of MAPOToken and build a sustainable ecosystem. According to the proposal, part of the protocol's revenue (such as transaction fees) will be used to repurchase MAPOToken and permanently destroy the repurchased tokens to reduce supply and increase scarcity. As a result, the $MAPO price briefly rose by over 5%.
gate data shows that the price of $MAPO has pumped 2.74% in the past 24 hours, with the current price at $0.01248 and a market capitalization of $55.51M, with $229.27K in 24-hour trading.