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Holograph Begins Process to Remove 1 Billion Illegally Minted Tokens, Burns 53 Million HLG
20.6.2024
The recently hacked tokenization platform, Holograph, has unveiled a token-burning process to eliminate one billion illegally minted HLG tokens. The Holograph team stated that this process, which has resulted in the burning of more than 53 million tokens so far, is expected to reduce the total...
SHIB gains overwhelming attention due to hike in token burn rate
6.6.2024
Shiba Inu (SHIB) meme coin receives much attention owing to its overwhelming jump in its token burn rate to 3,900%. This is according to Shibburn, a platform meant for monitoring the burning of SHIB tokens. The pricing of SHIB, too, has seen a rise. The increase in Shiba Inu’s burn rate...
Japanese blockchain Astar proposes $38M token burn
4.6.2024
The tokens were initially reserved for a parachain slot on Polkadot but have since fallen out of use
Bitcoin Minetrix Launches on Uniswap, Announces 10% Token Burn as $BTCMTX Price Set to Skyrocket
1.5.2024
Revolutionary bitcoin cloud mining token Bitcoin Minetrix ($BTCMTX) launched on DEXs today after raising $14 million in presale – its price is now expected to rocket on the back of newly announced burn and possible buyback initiatives. At 4pm today Bitcoin Minetrix announced a 400,000,000 token...
SHIB token burn rate skyrockets 300%, fueling price surge and optimism
9.4.2024
Previous days witnessed a massive increase in token burns daily, and it happened at a time when an increase in the meme coin’s price was reported. Shiba Inu, the world’s biggest meme coin, was subjected to a large burn rate the previous week. This resulted in almost 100 million SHIB...
$WSM Meme Coin Skyrockets +75% Intraday Before Wall Street Memes’ 100m Token Burn – Don’t Miss Out!
28.2.2024
Wednesday, February 28, 2024 – Meme coin markets are exploding with excitement ahead of Wall Street Memes’ inaugural burn event tomorrow, with the $WSM price skyrocketing +75% as traders race to take position. Meme coin-focused social media interventions from Elon Musk and bitcoin trading above...
Chimpzee Announces 2M Token Burn Before Debut Exchange Listing to Fuel Initial Price Action and FOMO
2.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The sizzling new meme coin Chimpzee ($CHMPZ) wrapped up its $2.7M presale a few weeks back. Now, in the 30-day vesting period, the token is preparing for its inaugural exchange listing. As per...
Chimpzee Announces 2M Token Burn Before Debut Exchange Listing to Fuel Initial Price Action and FOMO
31.12.2023
The sizzling new meme coin Chimpzee ($CHMPZ) wrapped up its $2.7M presale a few weeks back. Now in the 30-day vesting period, the token is preparing for its inaugural exchange listing. As per the latest announcement, it is scheduled for January 11th. The much-awaited debut will be held on...
PancakeSwap Community Proposes CAKE Token Total Supply Reduction to 450 Million
21.12.2023
Adobe Stock / JorgeEduardo Decentralized cryptocurrency exchange, PancakeSwap plans to reduce the total supply of CAKE after a community proposal was announced to sustain its development roadmap. The team proposed the reduction via a community forum highlighting the development recorded so far...
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...
Pepe Price Prediction as PEPE Falls 10% Alongside Dogecoin and Other Meme Coins – What’s Going On?
28.10.2023
Over the past week, the crypto market experienced significant fluctuations. Meme coins, such as PEPE coin , took center stage and reached a market cap of 500, nearly doubling its value. PEPE, after a meteoric rise influenced by pivotal events like a massive token burn and the market’s...
Audits and rug-pulled projects, a $650B token burn, and major DeFi protocol quits UK: Finance Redefined
27.10.2023
Uniswap’s founder burned $650 billion of HayCoin, amounting to 99% of the token’s supply
XRP Price Weak But XRP20 Coin Pump Incoming – 5% Token Burn Event Lights Fuse For Weekend Gains
25.8.2023
Friday, August 25, 2023 – The XRP price is off 1% in the past 24 hours, but stake-to-earn XRP20 coin could be about to explode after a 5% burn event was announced to take place today. There could be a big weekend of gains ahead for XRP20.
Stake-to-earn XRP20 began trading on the Uniswap...
Rollbit's RLB Token Rockets 60% as Crypto Casino Bets on Daily Token Burn
9.8.2023
Rollbit revenues crossed over $2 million in the past 24 hours across various services, data shows. This means a significant amount – after costs – will use to fund RLB purchases daily
MakerDAO’s MKR Soars 28% in a Week as Token Buyback Scheme Goes Live
21.7.2023
The lending platform is on track to remove some $7 million of MKR governance tokens from the market in a month, according to blockchain data
Top Trending Meme Coin Copium Price Surges as Upcoming 30% Burn Ignites FOMO
22.5.2023
Meme coins are heating up, and new market entrant Copium ($COPIUM) is now igniting interest with a 30% token burn. Launched just days ago on Uniswap, the trending meme coin has surged in demand, more than doubling its price.
While the burn event suggests a price pump, Copium’s ambitions reach...
Meta Masters Guild Ecosystem Continues to Expand With Staking, Token Burn, and NFT Store Relaunch - Buy MEMAG Before the Surge
25.4.2023
The Meta Masters Guild ecosystem continues its expansion following its successful presale. The fastest-growing mobile-based play-to-earn guild continues to grow into its roadmap as it sets its pieces on the chessboard to become the largest mobile gaming guild in Web3.
Since its presale, Meta...
Safemoon Crypto Project Hacked: Attackers Steal $8.9M Using Publicly-Available Token Burn Function – Here's the Latest
29.3.2023
A hacker has made off with $8.9 million worth of digital assets after exploiting a vulnerability in the BNB chain-based DeFi exchange Safemoon.
According to crypto security firm Peckshield, the attacker exploited a public burn function introduced in the latest upgrade. The function included a...
Volt Inu Community Passes Vote for $75M Token Burn, Plans Polygon Network Expansion
14.2.2023
Some 12 trillion VOLT were staked in favor of the token burn proposal