BinaryX Announces Historic Vote to Burn 74% of BNX Tokens
Singapore, Singapore, 17th July 2024, Chainwire
Singapore, Singapore, 17th July 2024, Chainwire
In a groundbreaking move that sets a new precedent in the DeFi sector, Zeebu, a leading Web3 payment platform for the telecom industry, is thrilled to announce its upcoming quarterly token burn event, governed by the ZBU Phoenix Protocol and its innovative ‘ZBU Protocol’. This is in a bid to
In the cryptocurrency realm, notable players such as Shiba Inu, Cardano, and the innovative BlockDAG are making significant strides. Shiba Inu is intensifying its token burns, potentially signaling a price boost, while Cardano introduces eco-friendly updates in line with impending EU regulations. Meanwhile, BlockDAG debuts advanced mining technology that promises
In an exciting development for the Shiba Inu community, Lucie, the outspoken marketing specialist for the Shiba Inu ecosystem, has shared an update that could potentially lead to substantial SHIB burns. The marketing lead revealed that she is currently working on a special project with Shibacals, a venture focused on
In Monday’s most recent burn event, crypto exchange, Binance, burnt 1.7 billion Terra Luna Classic (LUNC) tokens. The exchange has burnt over 62 billion LUNC so far, after the 23rd batch of the LUNC burn mechanism. According to the burn transaction that took place on July 1, Binance burnt 1.7
In order to deplete the supply, the Terra Luna Classic community proposes to burn 12 billion LUNC and 68 million USTC in contracts. Which include the Lido DAO rewards dispatcher. As part of the effort to revive and repeg to $1. The community has begun withdrawing LUNC and USTC from
BlockDAG stands out as the best crypto platform amidst current market trends. While the Render price has declined and Notcoin announced a $3 million token burn to spark FOMO among investors, BlockDAG (BDAG) remains resilient. Surging in value by 1300%, BlockDAG has raised over $54.3 million in its 19th presale
While the global crypto market is bleeding, Jupiter, a leading DEX aggregator, has unveiled a bold proposal aimed at stabilizing its native cryptocurrency, JUP. Meow, the co-founder of Jupiter, who goes by that name on X (formerly Twitter), introduced the J4J plan, which advocates for a 30% reduction in JUP’s
Despite a 4.23% drop in Shiba Inu’s price, the memecoin displayed a 2,800% rally in its burn rate over the past 24 hours, removing nearly 8 million tokens from circulation. More than half of this amount was burned in a single transaction about 21 hours ago. The burning mechanism will
The cryptocurrency landscape is teeming with innovations and trends that are capturing the attention of investors and enthusiasts. In this competitive market, Floki, PEPE, and BlockDAG are making significant strides. Floki has executed a strategic token burn, reducing its supply and sparking interest. PEPE has seen a substantial price surge,