The Conflux Foundation plans to burn 76 million CFX tokens. Such a large token burn can potentially reduce circulating supply, which often leads to increased prices if demand remains strong. This move is aimed at counterbalancing recent reward increa

The founder and CEO of real-world asset-focused Layer 1 blockchain MANTRA, John Patrick Mullin, said he plans to burn his allocation of 150 million of the network's OM tokens in an effort to "rebuild trust" and demonstrate an "unwavering focus" to bu

According to Shibarium Updates, an X account dedicated to sharing insights and updates on the Shiba Inu ecosystem, 881,353,310 SHIB tokens have been burned through the ShibTorch platform.In a recent tweet, Shibarium Updates shared details on burns on

SINGAPORE, April 17, 2025 (GLOBE NEWSWIRE) — HTX DAO, the decentralized autonomous organization behind the $HTX token, has officially announced the completion of its Q1 2025 token burn. According to the announcement, a total of 11,338,023,612,750.9

A proposal to burn 50 million CRO tokens is under vote on the Cronos Network from 17 to 31 March 2025. Token burns reduce supply, often leading to price increases if demand remains stable. This vote could make CRO more attractive to traders, potentia

The Shibburn data tracker, popular within the Shiba Inu community, has spread the word about a large spike in the weekly SHIB burn rate, where half a billion meme coins have been moved to unspendable wallets.Meanwhile, the price of the second most po

According to a recent tweet issued by Shibburn, the weekly burn rate of the second largest meme cryptocurrency Shiba Inu has displayed a large four-digit increase, surpassing 2,000%.A single burn made by a SHIB team member earlier this week has pushe

TiFi (TIFI) plans to burn 70 trillion tokens, a move that could potentially boost the token's price. Token burns can create scarcity, leading to increased demand if the community anticipates higher value. This substantial burn might attract attention

[PRESS RELEASE – Sydney, Australia, November 21st, 2024] The GMT DAO, an independent community organization of GMT holders, is excited to announce the launch of the GMT Burn Initiative—an event designed to place the future of GMT firmly in the hands

Terra Classic registered double-digit growth last week, but the trend might change soon.

Tim Robinson, Head of Crypto Research at BlueYard Capital, has unveiled groundbreaking simulations indicating that Ethereum’s implementation of “blobs” could be exceptionally bullish for the long-term price of ETH. In a series of posts on X, Robinson

Shiba Inu, the Dogecoin killer, reverberated investor optimism across the broader crypto market on Friday, showcasing a colossal surge in the SHIB burn rate. Notably, the meme coin’s burn mechanism recorded a whopping 33,000% uptick today, sparking o

Crypto exchange Binance performed LUNC burn mechanism multiple times this month, sparking speculation in the Terra Luna Classic community. The exchange is the largest contributor, with 64.47 billion LUNC burned until now to support the revival of cha

The 7.8 million SHIB burn strategy could boost the memecoin if a key condition is met.

Lucie, the marketing lead for Shiba Inu, has responded to concerns about SHIB’s token supply, sharing a strategy for the future. The latest statement has sparked optimism in the community as enthusiasts expect a boost in SHIB price. Moreover, the com

Shiba Inu could witness a resurgence of increased burns from Shibarium following the launch of the much-anticipated Shiba Inu burn… The post Will Shiba Inu Hit $0.01 as Long-Awaited Shiba Inu Burn Portal Now Live first appeared on The Crypto Basic.

Shiba Inu Coin (SHIB) has seen a dramatic increase in its burn rate, surging over 2600% today. This spike has caught the attention of crypto market participants, sparking discussions about a potential

LSK's price surged after a burn announcement. Market cap rose above 151 million dollars. Continue Reading:LSK Price Surges After Burn Announcement The post LSK Price Surges After Burn Announcement app

A formal petition on Change.org has been started by the Shiba Inu Army with the goal of convincing Binance, the biggest cryptocurrency exchange in the world, to burn one percent of all Shiba Inu (SHIB) token transactions every day. On July 17, 2024,

SHIB Burn: The Shiba Inu meme cryptocurrency has once again garnered significant investor attention despite showing signs of a correction today, July 18. Market sentiments are brimming with optimism primarily due to a colossal 4800% surge in the burn