$GIGGLE The destruction scale in this cycle has decreased significantly, with 1,673 tokens destroyed, equivalent to about $111,700. This is half of what it was in the previous cycle. However, looking at the circulating supply data, which has now been updated to 994,905, although the destruction has slowed down, the overall deflationary trend remains unchanged.

How are most VC tokens played in the current market? Unlocking, inflation, and continuous dilution. GIGGLE goes against the grain—each destruction and each reduction in total supply, with the two approaches almost directly opposing each other.

From a cyclical perspective, the advantages of deflationary assets are still very clear. When compared horizontally within the same track, the outcome is almost already visible. This mechanism's performance during bull and bear cycles will gradually widen the gap.

Some industry insiders believe that GIGGLE is a key project prepared by a leading exchange for cross-chain competition. Its current market cap is only around $70 million, leaving plenty of room for imagination. In the long run, this deflationary logic combined with continuous destruction and execution capability is indeed worth paying attention to for future performance.