Daily Crypto News & Musings

Latest News and Articles about token burning

Ethereum’s Investment Value Debated: Is ETH Dead or Just Evolving?

Ethereum’s Investment Prospects: A Heated Discussion Quinn Thompson, the Chief Investment Officer at Lekker Capital, has sparked a heated discussion within the cryptocurrency community by declaring Ethereum (ETH) “completely dead” as an investment. This bold statement has drawn responses from industry leaders, shedding light on Ethereum’s valuation and future potential. Ethereum’s investment value debated Declining […]

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SHIB Team Warns of Security Risks, Teases Layer-3 Solution and Boosts Burn Rate

Crucial Security Warning Issued by SHIB Team: Embracing DeFi and Burning Tokens Are your digital assets safe? Lucie from the SHIB team has a stark warning for crypto holders: prioritize security or risk losing it all. Alongside this, she teases a layer-3 solution for the SHIB ecosystem and slams centralized exchanges for promoting short-term hype. […]

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SHIB Burns Surge 1,028%, Removing 20.6M Tokens Amid Price Hike

SHIB Burns Surge by 1,028%, Eliminating 20,633,494 Tokens The Shiba Inu community has intensified its efforts to burn SHIB tokens, resulting in a remarkable 1,028% increase over the last 24 hours, with 20,633,494 tokens removed from circulation. This surge coincides with a 9% price hike from $0.00001162 to $0.00001267, even as the broader market grapples […]

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XYZVerse Burns 1 Billion Tokens to Boost Value: Presale Raises Over $8M

XYZVerse Burns 1 Billion Tokens: A Deep Dive into Its Deflationary Strategy XYZVerse, a sports-themed meme coin, has made headlines by burning 1 billion tokens to strengthen its deflationary model. As it nears the end of its presale, raising over $8 million, the project aims to blend the excitement of sports with innovative cryptocurrency strategies. […]

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Stellar Nears 28M Users, 30B XLM in Circulation: A Bullish Outlook?

30 Billion XLM: Stellar’s Massive Milestone Incoming Stellar Lumens (XLM) is on the cusp of reaching 28 million users, showcasing its growing significance in the blockchain sector. With 1.37 billion operations processed, 427 billion successful transactions, and a strategic burning of 55.44 billion XLM, Stellar’s ecosystem is robust and thriving. 28 million users 1.37 billion […]

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