Burn News

Yves La Rose, CEO of the EOS Network Foundation, announced that a community proposal was approved to cap the EOS supply at 2.1 billion tokens and burn the excess. Once implemented, the proposal will burn nearly 80% of the total…

Developers of THORChain have unveiled a community proposal to burn around $300 million worth of RUNE tokens to boost lending activity. In a community proposal published on Jan. 30, the THORChain developers suggested burning 60 million RUNE tokens (worth around…

As the airdrop period for the Solana-based WEN token ended, a quarter of its supply was burned due to unclaimed tokens.

In its latest burn report, PancakeSwap revealed it had burned 0.089% of the CAKE total supply, achieving a negative net in November 2023. According to a blog announcement, the PancakeSwap team has burned a total of 351,962 CAKE tokens in…

The Pepecoin project team reported burning 6.9 trillion tokens worth about $6 million. According to a statement at X (form.Twitter), the team explores the possibility of using the remaining 3.79 trillion PEPE for strategic partnerships and new marketing campaigns. Information…

Shiba Inu (SHIB) has witnessed an impressive increase in token burns in the past 24 hours, with over 1 billion tokens incinerated. This heightened burn rate comes despite the mounting concerns surrounding the Shibarium mainnet launch. Data from Shibburn, the…

Binance announced its 24th binance coin (BNB) burn while the asset consolidated in the red zone.  More than 1.99 million tokens were burned, with a total value of over $484 million at the time of the transaction. The burnt assets…

A recent tweet by Shibburn shows that the shiba inu community sent 1,653,845,435 SHIB meme coins to empty wallets in the past month. While the quantity of burned SHIB tokens may seem impressive, daily burning rates remain volatile, often plunging…

KuCoin's accidental burning of millions of dollars' worth of ethereum (ETH) leaves the cryptocurrency community perplexed. The mysterious incident came to light just recently after going un noticed.

Shiba Inu (SHIB) has struggled to get ahead of the bears over the past three weeks as the asset’s burn rate was decreasing. With the 1.7% rise in the global crypto market capitalization, SHIB, the second-largest meme coin, has also…

Shiba inu burn rates have hit a new high for the year after its last burn saw 3 billion SHIB sent to a dead wallet. The SHIB burns continue to rise as the meme coin dumps more coins from circulation.

The shiba inu (SHIB) price has been tumbling since May 4, when the meme coin was trading at around the $0.00001 mark. Data provided by SHIB BURN shows that shiba inu’s burn rate has plunged by 99.29% in the past…

The second-largest meme coin, shiba inu (SHIB), has seen notable drops in its burn rate for two consecutive weeks. Over the last 24 hours, however, the indicator has spiked by almost 2,100%. According to data provided by SHIB BURN, SHIB’s…

One of the SHIB Army’s primary goals is to raise the meme coin’s price, including burning Shiba Inu tokens. The SHIB burn rate has increased since the beginning of March, with the Koyo Token project being a key contributor. Koyo…

The Baby DogeCoin team today on twitter hinted upon the launch of a burn portal. The team shared the news through a community ideas initiative which they held on twitter.