2023-10-22 19:50 |
Uniswap’s Hayden Adams burned 99% of the HayCoin (HAY) supply on Oct. 20 over concerns about price speculation.
origin »Bitcoin price in Telegram @btc_price_every_hour
|
Today, the prices of assets are based on speculation and have no relation to their underlying value. This has led to a volatile and unpredictable market where prices can drop suddenly and unexpectedly.
2022-11-17 11:11 | |
|
|
As reported last week, the burn removes 2% of the tokens from the circulating supply.
Some 198 million FLR will be burned immediately with a further 66 million set to be burned monthly until January 2026.
Binance announced its 24th binance coin (BNB) burn while the asset consolidated in the red zone. More than 1.99 million tokens were burned, with a total value of over $484 million at the time of the transaction. The burnt assets…
OKX periodically buys back and burns the tokens to gradually reduce their supply on the open market.
ETH’s correlation with tech stocks, its increasing total value locked and its deflationary token economics all suggest that the path to $2,000 is programmed.
According to the crypto exchange, the burn was the equivalent of 1,863,213.47 USDT — roughly 5.5 million LUNC.