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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
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$PICA rises over 24% with $PICA Distribution, Buyback and Burn Announcement
$PICA, the cross-chain utility token powering Picasso & the Compossable chain, is up over 24% in the past 24hours, & now trades around $0.000499, with inflow of $116.75k, as per Gate.io chart.
The Picasso Network recently disclosed that over 5 million $PICA tokens have been distributed to stakers, while more than 21 million $PICA has been bought back from the open market & permanently burned from the total supply.