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Posts Tagged burn


Shiba Inu Burn Rate Surges With Over 8 Billion SHIB Burned, Here’s The Trigger

The Shiba Inu community burn initiative may have just set a new record with the number of tokens burned in the last 24 hours. The community will undoubtedly be brimming with optimism as to the promising future of the meme coin and its ecosystem.  Over 8 Billion Shiba Inu Burned In The Last 24 Hours According […]

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Bankless controversy forces founders to burn tokens and separate from DAO

The co-founders of crypto media Bankless are seeking to separate their brand from BanklessDAO two years after its launch. Cointelegraph.com News

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Shiba Inu Burn Rate Takes A Steep Dive: 91% Decrease In 24 Hours

Shiba Inu (SHIB) has recently experienced a dramatic decline in its burn rate. This plunge, amounting to a staggering 90.57%, comes at a time when the SHIB token is facing a sharp drop in its market price.  Typically, lower token prices present more extensive opportunities for token burning as it becomes more affordable to acquire […]

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How Ripple’s Rumored Token Burn Could Affect The XRP Price

XRP has struggled to regain bullish price momentum this month, with the crypto going on six days of red candle close last week. The XRP community appears to be feeling the effects of this lack of momentum, as speculations have begun to circulate about a potential catalyst for the next XRP price surge. Word on […]

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Terra Luna Token Burn Proposal Greenlit – Could $1 Be Hittable?

Terra Luna has seen the successful approval of community proposals 11658 and 11660, authorizing the retrieval and subsequent incineration of a total of 800 million USTC. The prevailing sentiment within the community leans towards directing these USTC tokens towards the burn address as opposed to reintegrating them into the community pool. Conversely, a noteworthy shift […]

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Binance conducts 11th LUNC burn, 2.65 billion tokens destroyed

The Terra Classic burn mechanism automatically burns tokens whenever a transaction occurs on the network. Cointelegraph.com News

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Shiba Inu Burn Rate Accelerates, How Will The Price React?

Shiba Inu token burn rate has continued on a mild but steady increase, even amid the ongoing price pullbacks. Data from Shibburn indicated that over 8 million SHIB tokens entered the dead wallets over the past 24 hours. The number represents a 0.78% increase in burn rate from the last value. Shiba Inu burn rate […]

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Binance introduces BNB Auto-Burn to replace quarterly burn protocol

BNB tokens will now be burned automatically based on a formula that includes blocks generated and BNB’s price. Cointelegraph.com News

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Crypterium Moves to Burn Up to 30% Of the Total Supply of CRPT Token

Crypterium plans to burn 30% or over 30 million of CRPT total token supply in the next 24 months. This deflationary technique could impact the price of CRPT in the long run. Estonia-based Crypterim has announced its decision to speed up the burning rate of its platform token, CRPT. Despite the steady increase of CRPT’s […]

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Binance’s Quarterly BNB Burn to Include Binance Futures Tokens

Binance’s quarterly BNB burn will include Binance Futures and all other future businesses and products Cointelegraph.com News

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