Pibble completes burn of 48 million PIB tokens

Blockchain project Pibble (PIB) announced that it has completed the burn of 48 million of its native tokens. This event marks the company's 10th token burn, funded by actual revenue from its application services, including P.Pay payments and AICREDIT sales. The burn transaction is verifiable on Etherscan. Pibble stated that its strategy of linking service revenue to token buybacks and burns systematically reduces the circulating supply and enhances token scarcity. The company aims to secure long-term growth through a virtuous cycle of revenue generation leading to periodic burns. Pibble affirmed its commitment to continue this policy of quarterly, performance-based burns to build trust within its community.