Token Burning

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Why Tokens Are Being Burnt And How Is This Happening?

12 Dec 2022 3 minute read 7 comments SimpleSwap

Why do we love Bitcoin? It offered us something that traditional finance doesn't have.. BTC has a fixed maximum limit of 21 million coins. No one is able to create more tokens. This helps to keep the demand and value of "digital gold" high. But what...

How Much Bitcoin Is Really Lost?

18 Nov 2022 2 minute read 7 comments SeventyFourSeventyFive

(Disclaimer, this is not another article about keeping your keys safe.) Late last year cryptocurrency analyst Timothy Peterson said the number of Bitcoin lost per day is 1500 and that the total number of available Bitcoin will be around 14 million on...

TERRA (LUNA) the post fall case

9 Nov 2022 4 minute read 1 comment Mcthru

This wants to be an important lesson for the reader, who glimpses stellar returns in the crypto sector without glimpsing these small problems that arise slowly and become a giant bubble, which bursting reaping users (the victims). TERRA (luna) is a c...

IHC listed on KuCoin - The Inflation Hedging Coin

27 Sep 2022 2 minute read 9 comments PVM

Welcome to another magnificent exploration of wild blockchains with PVM! I am the Indiana Jones of Crypto, a fearless Metaverse adventurer and explorer. I am searching uncharted and untamed blockchains for the "next big thing", that token that will q...

How does Crypto Burning Work? All You Need to Know

2 Sep 2022 4 minute read 0 comments UniFarm

Have you heard of the term “crypto burning”? This is something that the companies behind the crypto tokens do to increase the value of their tokens by limiting the supply. But what exactly happens during crypto burning? How does crypto burning work?...

Phantom NFT Burn Step by Step

18 Aug 2022 1 minute read 1 comment 8bitb4rt

Phantom wallet introduces a burn option  Phantom is the most popular wallet in the Solana ecosystem. Because Solana has such low fees, nefarious actors find it profitable to spam wallets with fake NFTs. These NFTs even cost a little bit of SOL to ren...

Why Is Important to Coin Burn ... ?

4 Jun 2022 3 minute read 0 comments Nas.A

  From time to time, you hear about burning tokens in the cryptocurrency markets. Burning tokens became an important agenda, especially in the mutual statements between the Terra Luna foundation and Binance CEO. While Binance CEO recommends burning t...

So What is Statera?

17 Feb 2022 2 minute read 8 comments VVoytila

With the inclusion of a new reward coin to publish0x some of you might be wondering what that is and whether it is any good. As someone who has been a holder of Statera for quite some time I would like to share some general news/impressions with you,...

Pancakeswap burned today a whopping 2.48% of the total supply

7 Feb 2022 1 minute read 1 comment Fgeletterd

Huge news here guys, officially announced on their twitter account including proof. 6,590,434 $CAKE burned. So what does that mean? With a total coin supply of 265,541,943 they just burned 2.48%. This is huge. And I believe these are just preparatio...

What Is Token Burning?

16 Jan 2022 4 minute read 4 comments Notum DeFi App

What stands behind the concept?  When a token is sent to a wallet address that isn’t used for the purpose, and it disappears from circulation —  a token burning process is happening. That unusable address is called a burn address or “eater address” —...