James Wynn: Converted 1.5% of Titcoin to Moonpig and burned over 400,000 USD worth of Titcoin

James Wynn announced on the X platform that he has exchanged 1.5% of the Titcoin token supply for Moonpig tokens, while retaining 2% of Titcoin as a personal investment. At the same time, he has burned 1.5% of the Titcoin supply worth over $400,000 as a goodwill gesture to the community.

It is reported that the Moonpigreserves.sol smart contract currently holds approximately 2.33% of the Moonpig tokens, valued at around $1.7 million, which will be specifically used for the development of the Moonpig ecosystem. James stated that he is in communication with the team and is in contact with market makers and exchanges, potentially transferring part or all of the funds to the team to support the Moonpig community.