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PancakeSwap Developers Launch Proposal to Reduce CAKE Token Supply by 300 Million Tokens
28.12.2023
Adobe Stock / JorgeEduardo Decentralized exchange (DEX) PancakeSwap has introduced a proposal to significantly decrease the maximum supply of its native ecosystem token, CAKE. The developers seek to reduce the token supply from 750 million to 450 million, aiming to better align it with the current...
Arweave Founder Accuses Irys of Planning to Fork the Platform, AR Token Plunges
18.12.2023
Arweave founder Sam Williams has taken to X to allege storage solution company Irys has plans to fork his decentralized information storage firm. “Motivated by greed” In a post from Sunday night, Williamson claims Irys is seeking to fork Arweave in an attempt to “drop the dataset...
Traders Shift from Shiba Inu and Pepe to this P2E Memecoin – Find out Why
6.12.2023
TLDR NuggetRush stands out for its unique blend of meme and utility (P2E). It is tipped for a 70x upside by analysts. Its low token supply, 50 million, contributes to its appeal. The memecoin ecosystem isn’t short of promising tokens. Examples are Pepe (PEPE) and Shiba Inu (SHIB). However,...
BRN Metaverse Performs Unprecedented 90% Token Burn, Paving the Way for a New Era in Cryptocurrency
5.12.2023
PRESS RELEASE. [Istanbul- 05.12.2023] – BRN Metaverse, a groundbreaking project at the intersection of Artificial Intelligence, Metaverse and WEB3 Gaming, has officially announced a monumental token burn of 90% with a groundbreaking move. This strategic decision, announced through...
Spot Ethereum ETF Styled ETHETF Token Starts Mammoth Burn Program, Price to Pump 10x?
16.11.2023
Thursday, November 16th, 2023 – Two days after launching, $ETHETF coin has announced a 21 million token burn program, reducing total token supply by 21%. The price of $ETHETF jumped 25% on the news to $0.01601 and is now up 12% at $0.1448. News of the burn program comes at the same time as fund...
Worldcoin Adjusts Token Strategy; Shifts Orb Rewards and Alters Market Maker Agreements
23.10.2023
Worldcoin, which uses iris biometrics to create a unique human identity database, said Sunday it is changing the distribution of its circulating WLD token supply and its market maker loan agreements. The project, launched in July, will decrease the loan amounts to market makers and will start...
Optimism Token Prices Slide 7% Ahead of $580M OP Unlock, Doubling Token Supply
30.5.2023
The initial vesting period for early investors and contributors ends today and will nearly double the circulating supply of the tokens
LUNC Burn Can't Help Terra Luna Classic Price, New Crypto Coin Burns 30% of Token Supply
23.5.2023
The Terra Classic (LUNC) price has been in a downtrend throughout 2023 despite the LUNC coin burn, its total supply still 5.87 trillion tokens.
New cryptocurrency Copium is burning 30% of its supply, aiming to achieve what the former Terra LUNA hasn't. Since the announcement of its token burn...
Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below $10 Billion Range
3.3.2023
The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion on March 3, 2023. Over the last 30 days, BUSD’s token supply has dropped 40% lower. In contrast, the number...
Klaytn Foundation Proposes Burning 5.28B KLAY Tokens, Cutting Token Supply by Nearly 50%
22.2.2023
The proposal suggests an initial burning of 73% of the reserve supply, amounting to 5.28 billion KLAY tokens or approximately 48% of the total token supply
Flare airdrops token supply to Ripple Holders after two years of snapshot
13.1.2023
The holders of XRP have started receiving airdrops from Flare after 2 years since the snapshots were taken, on December 12, 2020, to be precise. At the time of drafting this article, around 15% of the token supply had been airdropped to the XRP (Ripple) holders. The remaining portion of the token...
BONK Meme Coin Sees Wild Price Fluctuations and Massive Holder Concentration
6.1.2023
After the all-time cryptocurrency price highs in 2021, suffering through the Luna implosion of 2022 and watching countless crypto businesses go belly up, we’ve got a new entrant to the meme coin scene that launched on the Solana network. The crypto asset bonk inu (BONK) has a circulating...
WEMIX Delisting: South Korean Crypto Exchange Upbit Accused of Instigating Token Removal
28.11.2022
According to the CEO of Wemade, Henry Chang, the South Korean cryptocurrency exchange Upbit was the brains behind the Digital Asset Exchange Joint Consultative Body (DAXA)’s decision to delist WEMIX. The Wemade CEO accused Upbit of applying different standards and of failing to furnish...
Despite 2 Entities Holding 73% of the FTX Token Supply, FTT Price Still Holds Above $1 per Unit
27.11.2022
While a large fraction of crypto assets dropped a great deal in value during the past few weeks and bitcoin is down 18.2% in 30 days, the exchange coin ftx token (FTT) still trades above a U.S. dollar per unit. Moreover, the unknown entity known as the ‘FTX Accounts Drainer,’ still holds the second...
Bitcoin․com Announces ‘CEX Education Program’ to Reward Victims of Centralized Crypto Failures and Bolster DeFi
20.11.2022
Bitcoin.com announced the creation of a program that will reward people affected by centralized crypto company insolvencies while encouraging the adoption of decentralized finance and self-custody. The CEX Education Program will draw its resources from Bitcoin.com’s wallet token VERSE, which...
DeFi Platform Synthetix's Founder Proposes Capping Token Supply at 300M, Here’s Why
26.8.2022
The inflationary model helped bootstrap the Syntethix ecosystem and was no longer needed, founder Kain Warwick explained
Synthetix looks to turn off the SNX money printer once and for all
26.8.2022
If the proposal were to take effect, Synthetix would much more closely resemble a traditional business by simply generating fee revenue and distributing the proceeds to SNX holders
BitKwonnect? 'Luna Brothers' moment sees Terra inflate token supply 3,500% overnight
13.5.2022
There are now 6.9 trillion LUNA in circulation, while the coin's value is practically zero in U.S. dollar terms
Yearn Finance Votes to Inflate YFI Token Supply by 20%
2.2.2021
The vote to mint an additional 6,666 YFI in order to fund future development on the Yearn protocol has passed
Stablecoin Supply Doubles in 3 Months as Combined Market Cap Surpasses $20B
4.10.2020
2020 has been the year of stablecoins, as the token supply has doubled in the last three months. The aggregate market capitalization of 28 stablecoins captures over $20 billion on October 4, 2020. While tether still dominates the stablecoin ranks, USDC has been moving closer toward the top...