BITPRISMIA
OKX exchange conducted a massive burn of 279 million OKB tokens to enhance the token's scarcity and value, as part of its deflationary tokenomics strategy.
ListaDAO has approved the burn of 200 million LISTA tokens, a 20% reduction in total supply, to enhance token value and ecosystem health, while also strengthening the lisUSD stablecoin and demonstrating the power of decentralized governance.
OKX's OKB token experienced a 160% price surge following a burn of 65.25 million tokens, highlighting the impact of supply reduction on cryptocurrency valuations.
OKX announced a one-time burn of 65.25 million OKB tokens, reducing the total supply to 21 million, which led to an immediate price surge and is part of a strategic move to enhance the token's long-term value.
InfinityGround has executed a significant AIN token burn ahead of schedule, removing 2.62 million tokens from circulation to enhance the ecosystem's value and long-term growth.
The Degen team is exploring a phased monthly token burn strategy for the Degen token on the Base blockchain, aiming to address inflation and incentivize holders, which could significantly impact the token's value and ecosystem.
A Galaxy Digital-linked address transferred $18.75 million worth of BONK tokens to Binance and Coinbase shortly after the BONK project burned 500 billion tokens, causing a 6.34% price drop and sparking market speculation.
BONK, a Solana-based memecoin, announced a burn of 500 billion tokens to reduce supply and increase scarcity, alongside strategic buybacks to support ecosystem growth.
Sonic Labs executed a significant token burn, destroying 1,866,256.59 S tokens (valued at ~$754,903) from its airdrop allocation, signaling a strategic move to enhance token value and project credibility.
Bonk ($BONK) has surged 22% due to renewed institutional interest and ecosystem growth, including partnerships, token burns, and adoption in DeFi, NFTs, and GameFi.