雪球

<p>Snowball is a popular Chinese internet meme based on the BNB blockchain. It charges a 3% transaction tax, which is deposited into a dedicated buyback and destruction wallet. When the wallet accumulates 0.1 BNB, a buyback and destruction (deflationary) mechanism is automatically triggered: when the price falls, price support destruction occurs automatically; when the price rises, price increase destruction occurs automatically, creating a self-reinforcing snowball effect: the more active the trading, the more BNB is destroyed, the less supply there is, and theoretically, the easier it is for the price to rise. This mechanism leads the community to repeatedly emphasize that &quot;the snowball will only get bigger and bigger.&quot;</p>

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XUEQIU (雪球) Intro

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Bitcoin Demand Falls to −348K BTC as Futures Weakness Overwhelms Spot Recovery

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Crypto Price Analysis, BTC, XRP, SUI, LINK and ZEC, Nov. 13: Bitcoin Slides 6.7% as XRP Tests $1

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