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MangoMan Coins- A case study for burning of tokens & listing on XT Exchange The birth of mango man meme coin is attributed to the idea of motivating crypto beginners to do well in this arena. Mango man is hyper deflationary coin with static reflection which rewards holders more Mango man coins are automatically added to the wallet each time transaction is made. Great experience, fresher induction points and 5% hold from each transaction is automatically redistributed to the mango man holders. The MANGO MAN token is strictly a utility token in all jurisdictions and is not and cannot be considered to be a "Security" or otherwise regulated token of any kind. MANGO MAN is not in any way e-money and/or fiat money, or an asset backed stable coin, whether global or limited in scope. Mango Man employs 3 simple functions: Reflection LP acquisition Burn. 5% fee = redistributed to all existing holders & 5% fee is split 50/50 half of which is sold by the contract into BNB, while the other half of the MANGO MAN tokens are paired automatically with the previously mentioned BNB and added as a liquidity pair on Pancake Swap. Why Burn Tokens? >To Increase a Coin's Value: The basic economic law of supply and demand dictates that if the supply of something decreases, then the price will have to rise, assuming demand remains constant. >As a Sign of Long-Term Commitment: The owners of a crypto project sometimes burn coins on their network as a show of commitment toward scarcity. Maintaining a certain degree of scarcity makes everyone holding those coins a little richer. Contact Us At: https://mmint.io/
