News with the tag "Crypto Burn"

Bitget executed a significant BGB token burn worth $130 million to reduce supply and potentially increase the token's value, demonstrating its commitment to the BGB ecosystem and long-term growth strategy.

The Shiba Inu community burned over 1.3 billion SHIB tokens to reduce supply, but the price remained unaffected, highlighting other factors like market sentiment and ecosystem development as crucial for price appreciation.