Astar Network set to burn 5% of total token supply
350M ASTAR tokens have been earmarked for burning, eliminating 5% of the token’s total supply. The tokens were originally intended for the Polkadot parachain program, which has been discontinued. Following…
Astar surges amid proposal to burn 350M ASTR tokens
Astar Network (ASTR) price jumped nearly 5% after the Astar Foundation published a proposal to burn 350 million ASTR tokens. ASTR price reached higs of $0.09. Astar Network (ASTR) price…
FLOKI successfully executes 190 billion token burn
Floki has announced the 190 billion FLOKI token burn has been executed. The tokens were worth over $47 million following FLOKI’s 600% price surge in the past two weeks. FLOKI…
SHIB token burn fails to inspire major price move; is GFOX stealing SHIB’s thunder?
Shiba Inu embarked on a token-burning spree at the beginning of the year. The aim was simple: reduce the supply of $SHIB and increase its value. However, this didn’t cause…
Floki DAO outlines proposal to burn 190 billion tokens
New proposal seeks to burn 190 billion FLOKI tokens. Over $11 million worth of FLOKI tokens to be permanently removed if vote passes. Will FLOKI price explode? A new Floki…
Ethereum’s significant $7M burn; new memecoin identified as promising Dogecoin contender
Ethereum, the second-largest cryptocurrency by market capitalization, recently made headlines with a significant burn of $7 million worth of Ether (ETH). This monumental burn, involving 3,219.96 Ether, underscores Ethereum’s transition…
Injective surges after latest burn auction and OKX listing
Injective (INJ) price surged by nearly 10% as it hit an intraday high of $18.24. The gains came as OKX added support for INJ on its spot markets and the…
SHIB burn rate soars, PEPE market cap nears $500M, as Memeinator token presale thrives
Shiba Inu has removed over 260 million tokens in the past 24 hours. PEPE Coin’s market cap approaches $500 million. Memeinator’s MMTR token presale gains traction, featuring regular price increases.…
Voyager Token (VGX) soars after a 30% token supply burn
VGX surges 20% post-30% token burn. 52 million VGX tokens were sent to a burn address. The burn event comes as Voyager manoeuvres its Chapter 11 bankruptcy. In a surprising…
Shiba Inu burn rate up 800%: 1.8 billion SHIB tokens burned
The Shiba Inu (SHIB) token has been on a bear trend following the unsuccessful Shibarium launch. SHIB’s value has dropped by 22.3% over the last seven days almost erasing all…