BinaryX Proposes Token Burn, BNX Price Surges by 38%
BinaryX plans to burn 74% of BNX tokens to boost scarcity and value, triggering a 38% price increase. BNX operates in GameFi, amidst sector's $21.4B market cap.
Xu LinBinaryX plans to burn 74% of BNX tokens to boost scarcity and value, triggering a 38% price increase. BNX operates in GameFi, amidst sector's $21.4B market cap.
Xu LinThe new zero-knowledge Layer 2 blockchain is the first to be integrated into AggLayer.
JinseFinanceShiba Inu's token burn rate leaps with .shib domain launch, hinting at future price potential.
AlexShiba Inu team educates community on effective SHIB token burns, emphasizing strategic timing and network participation.
SanyaDelayed SHIB token burns lead to community frustration, with unclear future timelines and possible impact of external factors.
Huang BoBNB’s price failed to react to the exchange’s latest token burn.
cryptopotatoIn an attempt to revive the failed Terra blockchain’s token, the approved proposal will destroy 1.2% of every transaction to reduce supply.
CoindeskBased on the price of BNB and the number of blocks generated on BSC during the quarter, the BNB auto-burn mechanism automatically modifies the amount of BNB to be burned.
CointelegraphThe proposal highlighted that the burn may help restore the UST dollar peg by burning the excess supply.
Cointelegraph