Damien Hirst’s NFT project, Currency, is made up of 10,000 unique art pieces made up of colored spots on an A4 sheet of paper. The artwork is signed, numbered, and includes a hologram watermark simila...
Tag: Burn
SHIB burn rate surges amid crypto card release; is a rally in sight
The proposed release of a crypto card by Shiba Inu [SHIB] has influenced the meme coin burn rate. In the early hours of 25 July, the burn website of SHIB announced that it was working towards a crypto...
Uniglo (GLO) Burn Mechanism Could Create Astounding Token Deflation And Bring Price Action Ethereum (ETH) And Polygon (MATIC) Investors Would Envy
In a world where new currencies can be printed on demand—inflation is a massive issue. This is an issue that crypto has tried to solve, but it’s unfortunately still present in the space. A...
Shiba Inu Taking New Initiatives, Announced SHIB Burn Visa Card
Initiative of Shiba Inu still involves their main objective of SHIB Burn. Recent downfall of the crypto market has put many people under deep thoughts about the future of cryptocurrencies. Memec...
Shiba Inu (SHIB) Burn Rate Continues 200% Rally Following Crypto Card Release
Arman Shirinyan More Shiba Inu getting burned after massive release for network Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It doe...
Uniglo’s (GLO) Hardcoded Burn Mechanism Could Set it Ahead of its Competitors, Shiba Inu (SHIB) and Pancakeswap (CAKE)
Uniglo is a new DeFi project that aims to genuinely build the value of its GLO token over the long term – and it’s piquing the interest of whales and analysts. The project will hold an assortment of a...
Shiba Inu announces SHIB Burn Visa Card
Shiba Inu’s team announced the coming of the new SHIB Burn Visa card on July 25, which burns SHIB while making payments. The announcement was made through Shiba Inu’s burn tracker Twitter account, @sh...
“UItra Burn” Is One Of The Many Features At Uniglo’s (GLO)
You can’t go wrong by keeping an eye on Uniglo if you’re looking for the next great cryptocurrency. One of the numerous qualities that make Uniglo a worthwhile investment is its “Ultra Burn” capabilit...
What’s Wrong with SHIB Burn Portal? Shiba Inu Team Addresses Delays
Alex Dovbnya It remains unclear what exactly is causing the delays that caused frustration within the community The Shiba Inu team has published an update regarding the SHIB burn portal, which is powe...
Astonishing Token Burn System May Give Uniglo (GLO) The Edge Over Cosmos Hub (ATOM) And Okb (OKB)
How Uniglo (GLO) burns its tokens is a crucial point of differentiation that might provide it an edge over both Cosmos Hub (ATOM) and OKB (OKB). Through acquiring and burning GLO tokens, a part of the...
Exceptional Burn Tokenomics Could Likely Lead Uniglo (GLO) To Redefine DeFi The Way Uniswap (UNI) And Shiba Inu (SHIB) Did
In the grand scheme of things, DeFi and crypto are still relatively new. While they have made tons of technological advances in a few short years, there’s still plenty more to come. New crypto project...
Gate Io Releases Q2 GateToken (GT) Burn Results, Over $40 Million Burned so Far in 2022
[PRESS RELEASE – Majuro, Marshall Islands, 19th July 2022] In the second quarter of this year, GateToken’s (GT) buyback and burn program reached over $17 million in total value burned. Combined with t...
Uniglo’s (GLO) Intense Burn Tokenomics Could Make It More Deflationary Than Bitcoin (BTC) Or Binance Coin (BNB) –
Inflation is a big problem in the economic world right now. It’s massively on the rise—meaning your money is becoming worth less and less over time. Prices in shops are way up to help combat this, and...
What is a Token Burn? How Crypto is Removed From Circulation
Burning cryptocurrencies and NFTs is comparable to setting cash or art on fire, although the process is a bit more complex than lighting a match. But why would a crypto project want to destroy its own...
Burn.Party integrates Chainlink Keepers to decentralise token burn automation
Burn.Party, a decentralised multi-chain token burn platform, has announced integration of the Chainlink Keepers to help boost its token burn system. With the integration, the burn platform can guarant...
Shiba Inu (SHIB) Burn Rate Climbs by 785% With 573M SHIB Burnt
There has been a surge in trading volume for Shiba Inu, according to WhaleStats. At one point, Shiba Inu hit an intraday high of $0.00001263, an 18% increase. Since yesterday, Shiba Inu’s burn rate ha...
Skyrocketing Axie Infinity’s SLP Burn Rate
Axie Infinity (AXS) aficionado @maxbrand99 used Twitter to show off the peculiar tokenomics of the game. Since June 26, 2022, the SLP token burning rate has rapidly increased. Previously, these campa...
Shiba Inu’s Burn Rate Rises 785% as 573 Million SHIB Are Sent to Dead Addresses
According to the Shibburn website, the burn rate of Shiba Inu has spiked significantly over the past 24 hours. As reported by the Shib Burn Twitter handle a few hours ago, a whopping 519,456,549 SHIB ...
Gate.io Releases Q2 GateToken (GT) Burn Results, Over $40 Million Burned so far in 2022
Majuro, Marshall Islands, 19th July, 2022, Chainwire In the second quarter of this year, GateToken‘s (GT) buyback and burn program reached over $17 million in total value burned. Combined with the fir...
Terra Luna Classic Trending on Twitter (#LUNACLASSIC) Amid Ongoing LUNC Burn Efforts » NullTX
With the cryptocurrency market trading sideways most of last week and showing slight bullish momentum today, one of the trending topics in the Business & Finance section on Twitter is none other t...
140 Million Shiba Inu Burned as Burn Rate Spikes 137%: Report
Yuri Molchan Another substantial chunk of Shiba Inu tokens removed as burn rate jumped up As reported by the burn tracker Shibburn, in the past 24 hours, joint efforts by various burn initiatives have...
Axie Infinity’s SLP Burn Rate Exceeds Minting Rate for First Time Since August 2021
Vladislav Sopov Pseudonymous Axie Infinity enthusiast noticed interesting shift in crucial SLP metric Contents Axie Infinity’s SLP burn/mint ratio becomes negative SLP still 99% down from its AT...
New NFT Marketplace Built On Ripple XLS-20 Allows Users To Purchase, Mint, Sell, and Burn NFTs
– Advertisement – On the ripple XLS-20 Devnet, users may now purchase, mint, sell, and burn non-fungible tokens. NFTMaster had just made the announcement that they have successfully esta...
‘Move-to-Earn’ Game Stepn Renews Token Burn Amid Ethereum Expansion
In brief Stepn, a popular Web3 “move-to-earn” fitness game, has expanded a program to buy back and burn its GMT tokens. The game will also expand from Solana and BNB Chain to Ethereum. Stepn, a Web3 f...
Binance Burns 1.96M BNB Worth $444 Million in Latest Burn
Binance, the world’s largest cryptocurrency exchange, said it has completed its 20th quarterly burn of its native token, this time removing about 2 million BNB from circulation. Binance Burns $444 Mil...
Shib Burn Rate Spikes 231% as 187 Million SHIB Sent to Dead Address
Tomiwabold Olajide Millions of SHIB have been sent to dead wallets in different transactions in recent hours Per the Shibburn website, the burn rate of Shiba Inu has considerably increased by nearly 2...
Fantom community voting on whether to use burn fee to fund projects
The Fantom community is currently voting on whether it should set up a fund to support projects in the network’s ecosystem, funded by transaction fees that are currently burned. This vote is based on ...
Shiba Inu Burn Rate Surges 155% with Over 208 Million SHIB Sent to Dead Wallet
The burn rate of Shiba Inu has considerably increased over the last 24 hours. A portion—that is 112,647,175 SHIB tokens—were destroyed and more than 15 transactions were reported by the Shibburn Twitt...
Shib Reclaims 1B Weekly Coin Burn As SHIB Army Destroys 1.31 Billion Shiba Inu In A Week
– Advertisement – SHIB Army Destroys 132.88 Million Shiba Inu (SHIB) in the Past 24 Hours, 1.31 Billion In A Week, and 190 BONE Tokens. Shiba Inu (SHIB) reclaimed the burning of 1 billio...
Shiba Inu Burn Rate Spikes by 230% as 357 Million SHIB Sent to Dead Wallet in 24 Hours
According to the Shibburn website, the burn rate of Shiba Inu has significantly increased over the past 24 hours. The Shibburn Twitter handle reported a chunk of 219,660,376 SHIB tokens burned and ove...
BabyDoge On Fire, Burns Another One Quadrillion Coins, Total Burn Reaches 51 Quadrillion In Less Than 24 Hours
– Advertisement – Another One Quadrillion Baby DogeCoin (BABYDOGE) Burnt Less Than 24 Hours After 50 Quadrillion Units Were Destroyed. 1 quadrillion #BabyDoge tokens worth estimated $1.6 m...
Biggest Burn Ever: Baby Doge Burns 50 QUADRILLION Coins Worth $88 Million In One Go
– Advertisement – As promised, Baby DogeCoin (BabyDoge) has finally burnt a whopping total of 50 Quadrillion tokens, worth $88,500,000 ($88.50M) from its circulation forever. This massiv...