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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
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$PNG spikes over 24% as Pangolin achieves Historic 230M hard Cap
$PNG, the native token of Pangolin, an Avalanche-based DEX, is up over 24% in the past 24hours, & now trades around $0.58584, with inflow of $806.04k, as per Gate.io chart.
This follows the fabulous News that $PNG has finally reached its hard cap of 230 million. This huge milestone entails that the platform has effectively achieved a 0% inflation rate. No more $PNG tokens will be minted, as Liquidity providers will no longer receive $PNG tokens as rewards, but will continue to earn from trading fees.