Purple Bitcoin (PBTC) is a decentralized crypto asset deployed on the Solana blockchain, designed to combine the scarcity and store-of-value properties of Bitcoin with Solana’s high-speed, low-fee technological advantages. PBTC features a fixed total supply of approximately 19.31 million tokens and incorporates a built-in deflationary mechanism—automatically burning a portion of tokens with each transaction. It also implements a dynamic deflation strategy similar to Bitcoin's "halving" to enhance long-term scarcity and inflation resistance.
The project’s smart contract has permanently renounced all administrative privileges post-deployment, ensuring that its core mechanisms cannot be altered, thereby increasing transparency and trust. PBTC is a community-driven initiative with a decentralized token distribution structure and emphasizes decentralized governance. It is supported by an AI bot named Purple Soltoshi, which facilitates community engagement and promotion.
Since its launch, PBTC has experienced rapid market cap growth, fueled by its unique mechanisms and strong community backing. It aims to become a new-generation decentralized asset that combines the qualities of digital gold with real-world utility potential.