Shiba Inu Intensifies Token Burns: Over 8 Billion SHIB Incinerated
The Shiba Inu team has escalated SHIB token burns, recently incinerating over 8 billion tokens, contributing to a total of over 33.8 billion burned in December.
EdmundThe Shiba Inu team has escalated SHIB token burns, recently incinerating over 8 billion tokens, contributing to a total of over 33.8 billion burned in December.
EdmundFollowing a record burn of over 8.3 billion tokens, Shiba Inu's burn rate has soared by an unprecedented 7,686,774.46%, coinciding with a wider upsurge in the cryptocurrency market.
YouQuanBNB’s price failed to react to the exchange’s latest token burn.
cryptopotatoThe storage system will use BNB as its native token and will become the third blockchain in the BNB ecosystem that already comprises of BNB Beacon Chain and BNB Smart Chain.
CryptoSlateBinance completed its 22nd burn round, removing 2.064 million BNB tokens from circulation.
BitcoinistOKX announced the listing of BNB (BNB/USDT and BNB/USDC) on their spot trading markets.
OthersThe Ethereum (ETH) burn was implemented with the EIP-1559 and since then, thousands of ETH have been burned and taken out of circulation.
BitcoinistCrypto exchange platform Binance has concluded its 21st quarterly BNB burn, eliminating around $547 million worth of BNB tokens from its supply.
OthersToken Burning is simply removing or destroying a reasonable amount of a project’s total supply.
NulltxBased on the price of BNB and the number of blocks generated on BSC during the quarter, the BNB auto-burn mechanism automatically modifies the amount of BNB to be burned.
Cointelegraph