Shiba Inu (SHIB) has seen a significant increase in token burns recently, with over 300 million SHIB tokens removed from circulation in the past week. Despite this, the price of SHIB has continued to decline.
Read MoreShiba Inu (SHIB) has seen a significant increase in token burns recently, with over 300 million SHIB tokens removed from circulation in the past week. Despite this, the price of SHIB has continued to decline.
Read MoreOne of the most significant developments in the cryptocurrency space is the ambitious goal of Injective Protocol to cut down the supply of its native token, INJ. This initiative could potentially position INJ as one of the most deflationary assets in the crypto market.
Read MoreBinance, the world's largest cryptocurrency exchange by trading volume, recently completed its latest quarterly token burn. This burn removed 1.6 million Binance Coin (BNB) tokens from circulation, a move designed to potentially increase the value of remaining BNB tokens due to reduced supply.
Read MoreTerra Classic (LUNC) appears poised for a potential price surge driven by strategic token burns, with its current trading at $0.0001227 showing a 3.59% gain over the past day. This upward momentum began at $0.0001186, peaked at $0.000124, and then slightly retreated.
Read More