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Over ALIENX
AlienX (ALIENX) is a digital token that operates within a decentralized framework, primarily utilized for minting, burning, and core functions. The coin has recently completed its Mint Cycle 8, where users were able to deposit TitanX to mint AlienX at a rate of 1 TitanX equating to 0.44 AlienX. During this cycle, a total of 705,985,565,357 AlienX tokens were minted from the deposit of 709,315,012,028 TitanX, reflecting the dynamic interaction between the two assets. The current valuation of AlienX stands at approximately $0.0000001263, with market sentiments indicating a Return on Investment (ROI) of -76%.
A significant feature of AlienX is its Buy and Burn mechanism, which allows holders to utilize TitanX for purchasing and subsequently burning AlienX tokens. This function is aimed at reducing the available supply of AlienX, which could potentially enhance its value over time. The buy and burn activity occurs every eight minutes, with untriggered amounts rolling over to subsequent periods for additional burning. A detailed overview of the Buy and Burn statistics shows a current balance of $60.35 and a substantial TitanX balance available for future transactions.
The AlienX Core system further innovates the functionality of the token by integrating mechanisms powered by INFERNO, a unique asset that facilitates the buying and burning process. This decentralized approach fosters a sustainable ecosystem by ensuring that the supply of AlienX can be actively managed to maintain its value. With the automated burning mechanism that activates periodically, AlienX positions itself as a distinct asset within the cryptocurrency landscape, inviting users to engage with its innovative frameworks and contributing to the overall vitality of the token.
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