BC.GAME, one of the largest crypto casinos on the market, recently announced the destruction of 250 million BC tokens, which led to a significant price increase. This strategic action not only reduced the circulating supply of BC tokens but also caused a 75.8% price surge within 24 hours, providing a major boost to the token’s market performance.
Destruction of 250 Million BC Tokens
On July 18, 2025, BC.GAME announced the destruction of 250 million BC tokens, worth approximately $2.8 million USD. This operation significantly reduced the total supply of tokens, which, according to classical economic theory, is expected to increase their value due to the reduction in available tokens.
The token burn was fully transparent and verifiable on the blockchain, with the transaction publicly accessible via Solscan: Solscan Link.
Price Surge of 75.8% in 24 Hours
Following the token burn, BC.GAME saw a 75.8% price increase in just 24 hours. The price of the BC token surpassed $0.01, and its market capitalization reached over $100 million USD. This sharp price jump demonstrates the significant impact the token burn had on the market and how it resonated with investors and platform users.
Tokenomics Optimization Strategy
BC.GAME continues to focus on optimizing its BC token economic model. The company plans to engage in regular repurchase and burn actions to enhance the stability of the token’s value and create a more sustainable long-term ecosystem.
BC is the native token of the Web3-based platform BC.GAME, widely used for gaming, rewards, and governance within the ecosystem. By reducing the circulating supply, BC.GAME aims to increase the token’s value, making it more attractive to users and investors alike.
Impact on the Crypto Market and BC.GAME’s Future
This token burn is part of a broader strategy by BC.GAME to improve the platform’s ecosystem. These actions not only stabilize the price of the BC token but also enhance the platform’s reputation in the crypto community, furthering trust in the project.
Given the rapid growth of BC.GAME and the popularity of its tokens within the crypto community, we can expect the company to continue expanding its financial strategies and attracting new markets, increasing interest in its platform.
