Token Burn

Auto Added by WPeMatico

$LNQ Token Poised For New Highs Amid Aggressive Token Burns And Ecosystem Expansion

by

In a market where few AI tokens have reached all-time highs (ATHs) this cycle, $LNQ stands out by achieving multiple ATHs. With its Stochastic RSI currently in an oversold position, another surge could be on the horizon. The team behind $LNQ, @linq_ai, continues to innovate and expand its ecosystem, recently announcing both token burns and … Read more

Holograph Begins Process to Remove 1 Billion Illegally Minted Tokens, Burns 53 Million HLG

by

The recently hacked tokenization platform, Holograph, has unveiled a token-burning process to eliminate one billion illegally minted HLG tokens. The Holograph team stated that this process, which has resulted in the burning of more than 53 million tokens so far, is expected to reduce the total number of tokens in circulation to 10 billion. Holograph … Read more

Binance Completes 26th Quarterly BNB Token Burn, Removing $636M Worth

by

Binance Chain has successfully executed its 26th quarterly BNB token burn, as officially announced by the BNB Foundation.  In this latest burn, a total of 2,141,487.27 BNB were eliminated, equivalent to approximately $636 million in market value, according to statements released by Binance. BNB serves as the native cryptocurrency within the BNB Chain ecosystem, powering … Read more

Ethereum’s Vitalik Buterin Burns $6.6 Billion Worth of Shiba Inu Tokens

by

After the dogecoin hype invoked a new ERC20 token project called Shiba Inu, the crypto asset has been making waves throughout the crypto industry. On Wednesday, the cofounder of Ethereum, Vitalik Buterin donated $1 billion worth of Shiba Inu to India’s Crypto Covid Relief Fund. Then a few days later on Sunday, Buterin decided to … Read more