TechFlow news, May 27 — James Wynn announced today that he has exchanged 1.5% of the Titcoin token supply for Moonpig tokens and retained 2% of Titcoin as a personal investment. Meanwhile, he burned 1.5% of the Titcoin supply worth over $400,000 as a goodwill gesture toward the community.
The Moonpigreserves.sol smart contract now holds approximately 2.33% of Moonpig tokens, valued at around $1.7 million. These funds will be dedicated exclusively to the development of the Moonpig ecosystem. James stated he is communicating with the team and engaging with market makers and exchanges, potentially transferring some or all of these funds to support the Moonpig community.
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