Tag: token burn

Apr 14 2022

Shiba Inu supply shrinking as 2.41 billion SHIB got burned

The price of the Shiba Inu (SHIB) token went up approximately 20% since the end of last week. The reason behind the rally is twofold: one is that 2.41 billion Shiba Inu have been burned, e.i. sent to so-called inferno wallets in order to make the popular dog token more scarce and lift its price. The burn was announced by the...

Jan 11 2022

PancakeSwap Continues With Weekly Token Burning

Jan 11 2022 Published at Altcoin Buzz under tags  cake exchanges pancakeswap token burn

PancakeSwap burns 6,721,761 $CAKE tokens, equivalent to $72M USD! PancakeSwap, a massively popular decentralized exchange (DEX), burned $72 million USD worth of CAKE in the latest token burning event. On January 10th, PancakeSwap tweeted about the token burn....

Oct 22 2021

Sep 18 2021

Ethereum Token Burn: Is there a Timeline to See its Impact on Price?

Since the London Hardfork upgrade, also known as the EIP 1559 went live on the Ethereum blockchain, the total number of tokens that has been burnt on has recently surpassed the $1 billion benchmark. Since the hardfork turned the Ether coin into a...

Jul 21 2021

Upland’s BURN event is COMING! Here’s what you MUST Know

Jul 21 2021 Published at CryptoTicker under tags  blockchain burn burn event crypto nft

Upland crypto is one of the biggest digital real estate games. They sell real properties based on real-life maps that exist on our planet earth, contrary to other fictional lands. They recently announced a...

Jul 19 2021

Feb 23 2021

Crypto.com (CRO) Burns 70 Billion CRO Tokens

Crypto.com (CRO) has revealed they will be burning 70 billion CRO tokens starting from Monday, February 22, 2021. According to reports, the 70 billion CRO tokens burned will be the largest token burn ever, and it’s also a crucial step in decentralizing the Crypto.com network at mainnet launch....

Feb 10 2021

Adventure Token (TWA) – Becoming Scarcer with Every Transaction

Feb 10 2021 Published at Altcoin Buzz under tags  $twa adventure token spotlight token burn

Inflation has become a global economic challenge. Interestingly, Bitcoin halving has proved time and again that as the inflation lowers, the intrinsic value of a BTC increases. With this aspect in mind, give Adventure Token (TWA) some thought. Adventure Token is a deflationary community token that comes with no ability to mint new tokens and follows a token burn model. Every time an...

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