Tuesday, February 7

Tag: token burn

Over 12 million LUNC Burnt Since The LUNC 1.2% Tax Burn Proposal Went Live
Cryptocurrency

Over 12 million LUNC Burnt Since The LUNC 1.2% Tax Burn Proposal Went Live

A few hours following when the LUNC 1.2% tax burn Proposal went live, a total of 12 million+ LUNC tokens has been burnt as gotten from the data from LUNC validator StakeBin. There is no doubt that the proposal can reduce the total supply of the LUNC tokens just as previously stated by some analysts. Analysis Of the LUNC Burn The Proposal went live today at almost 6:18 UTC after it has been longed-awaited. The proposal is expected to reduce the total supply of 6.9 trillion to a minimal amount of 10 billion. Read Also: Ripple's General Counsel, Stuart Alderoty Says SEC Chair Cannot Self-Appoint Himself As The Cop On The Beat For Crypto Per the analyst; Applying a 1.2% tax burn to the last week’s volume of 1.17 trillion, 14 billion LUNC can be burnt every week, 60 billio...
BabyDogeCoin Is Now Listed On Poloniex Alongside Few Other Crypto Exchange While The Users Clamour For Its Listing On Binance
Cryptocurrency

BabyDogeCoin Is Now Listed On Poloniex Alongside Few Other Crypto Exchange While The Users Clamour For Its Listing On Binance

According to the crypto Exchange Listing Bot, BabyDogeCoin popularly known as BabyDoge is now listed on the Poloniex exchange, with the meme token adding another main exchange to its roster. https://twitter.com/crypto_alerting/status/1554178971566313472 Crypto Exchange Listings monitors the newly enlisted asset in real-time. It also attempts to detect exchange listing announcements before the listing for several top exchanges like Coinbase Pro, Binance and others. Read Also: Charles Hoskinson Assures The Users On The Progress Of Vasil Hard Fork "That He Doesn’t Expect Any Further Delay As The Upgrade Is In the Final Stage Of Testing." Read Also: The Terra LUNA Once Again Reclaim The Top As The Most Trending Crypto Despite Its Recent Collapse According To CoinMarketCap In ...
Despite The Allegation Against The Terraform Labs, The U.S. Community Now Target Improving LUNC On Via Burning Mechanism
Cryptocurrency

Despite The Allegation Against The Terraform Labs, The U.S. Community Now Target Improving LUNC On Via Burning Mechanism

The LUNA community in the U.S has despite the various lawsuits against the Terraform Labs CEO, Do Kwon, Daniel Shin, and Terraform Labs shifted their target to the burning LUNC. Since this time, the LUNC’s price has revealed bullish potential, trying to overcome the bear. The community is now focused on the proposal 3568 for the enhancement of the LUNC through the integration of the burning method. This proposal stated a tax burn mechanism or method to limit the overall supply of LUNA classic, therefore increasing the remaining tokens. as stated, the burning will continue till the circulation remain 10 billion. Read Also: Businesses That Have SHIB Investors Among Their Employees Can Now Offer Them An Opportunity To Get Paid In SHIB: NOWPayment Read Also: FOMO Pay To Use Ripple...
SHIB Burn Rate Spikes Over 785% As Over 573 Million SHIB Tokens Were Destroyed.
Shiba Inu

SHIB Burn Rate Spikes Over 785% As Over 573 Million SHIB Tokens Were Destroyed.

ShibArmy is still very much active in the activities of maintaining the price cap of the Shiba Inu tokens. according to the Sbibburn website, the Shiba burn rate spiked 785.49% in the last 24 hours. A few hours ago, over 519 million SHIB tokens were sent to a dead wallet which was followed by another burn in another transaction the total to be above 573 million as the burn rate spiked to over 785%. Read Also: KuCoin Launches Its Inaugural Futures Global Team Battle With $1 Million In The USDT Prize Pool As Its Users Hit 20 Million. SHIB is now added to the Schedulesite As stated by the Shiba Inu community-focussed Twitter account Shibainuart, the SHIB is now added to the Schedulesite, a platform that creates events for followers to attend. https://twitter.com/Schedulesite/...
Shiba Inu’s Average Balance Rose By 18% As whales Accumulate And Over 69M SHIB tokens were burnt Over the last 24 hours.
Shiba Inu

Shiba Inu’s Average Balance Rose By 18% As whales Accumulate And Over 69M SHIB tokens were burnt Over the last 24 hours.

The rate at which the whales accumulate Shiba Inu amid the price downtrend has pushed the average balance held by the massive holders rose by a whooping 18% as revealed by the whalestats’ analysis of the top 100 Shiba Inu holders. Shiba Inu's Price surge is sure As Whales Show Interest more. The interest of the whales in Shiba Inu and the activity of the Shib Army is building a very nice future for the meme coin. For instance two days ago, According to the data gotten from the Whalestats’ Twitter page, three different SHIB lumps of 250,000,000,001, 249,998,999,999, and 250,000,999,999 Shiba Inu which is worth $8.4 million has been acquired by one of the largest Ethereum chain investors, Gimli. Read Also: The Director Of the Dogecoin Foundation purchased The Coffee In An Australia...
SHIB ARMY Burned Over 1 Billion Shiba Inu And Reclaim Its 1B weekly Burn.
Cryptocurrency

SHIB ARMY Burned Over 1 Billion Shiba Inu And Reclaim Its 1B weekly Burn.

According to the data by the Shibburn tracking platform, it revealed that over 1.31 Billion Shiba Inu tokens have been sent into a dead wallet in 121 separate transactions in the past week. https://twitter.com/shibburn/status/1543444439678476288 More also, one of the tokens dedicated to burning Shiba Inu, 1CENT had also sent in one transaction a 190 Bone ShibaSwap, the governance token of the Shiba Inu ecosystem. Read Also: Peter Schiff's Local Bank Got Shut down And Pave Way For Crypto Community To Explain The Importance of BItcoin In Reinventing The Core Of Traditional Finance. More to the 1CENT, it organized its weekly burn event on Tuesday, June 28th which claimed over 39 Million SHIB in just one transaction, and also organized another burning of over 190 Governance tok...
BabyDoge Spikes 14.21% As 14T Was Burnt Making Total Burnt To Be 196.1 quadrillion.
Cryptocurrency

BabyDoge Spikes 14.21% As 14T Was Burnt Making Total Burnt To Be 196.1 quadrillion.

According to the Twitter page, Burn BabyDoge, in over 24 hours,  a whopping amount of the meme coins has been sent to dead-end wallets. A whopping amount of over 10T meme coins has been burned by the BabyDoge community. The latter burn made the total burnt BabyDoge a total of 196,123,244,745,404,192 which represent almost 47% of the total supply in the circulation. Initially, there was a total supply of 420 quadrillions. Read Also: Breitling, Luxury Watch Brand Now Support Shiba Inu, Bitcoin With Some Other Crypto For Payment Option Via BitPay. https://twitter.com/babydogeburn_/status/1541723604970311680 Four transaction mentioned in the tweets claimed 670,776,571,966; 620,522,589,142; 953,022,434,674 and 1,818,996,632,008 BabyDoge coins. https://twitter.c...
BabyDoge Spikes More Than 13% As The Whopping 2,018,896,967,261 BabyDoge Coins Is Burnt.
Cryptocurrency

BabyDoge Spikes More Than 13% As The Whopping 2,018,896,967,261 BabyDoge Coins Is Burnt.

Earlier this week, the BabyDoge coin assumed the top 10 list of the most purchased cryptocurrencies among the 100 largest BSC investors, according to the whalestat crypto tracker. As stated in the @babydogeburn_Twitter account the removal of the whopping 2,018,896,967,261 BabyDoge coins from the circulation. Read Also: Shiba Inu Is Up Above 11% At $0.0000115 In The Last 24 Hours And Up Around 41% In The Week https://twitter.com/babydogeburn_/status/1540605988910366720 These overall coins were removed in just three transactions of which the  876,668,446,039 is the highest. At the time of burning, the coins were worth altogether $3,372. https://twitter.com/babydogeburn_/status/1540590890292547586 Essence of Burning The amount of BabyDoge coins in circulation will be...
BabyDoge In The Top 10 List Of The Most-Purchased Cryptocurrencies for the 100 largest BSC investors
Cryptocurrency

BabyDoge In The Top 10 List Of The Most-Purchased Cryptocurrencies for the 100 largest BSC investors

It is almost a week now that CoinMarketCap verified the circulating supply of the 229th-ranked BabyDoge coin, which is found to be 153,207,172.17 billion meme coins. Long before this time, the vote of burning 50 quadrillions BabyDoge was cast and the result was in its favor. As of this six days back, over 8.6 quadrillions have been burnt from the 1st of June. Read Also: Charles Hoskinson Introduced Lace, A Lightwallet platform At The Consensus 2022 event As stated by the crypto tracking service whalestat, BabyDoge has entered the top 10 list of the most purchased cryptocurrencies for the 100 largest BSC investors which could be probably traced to the influence of the original Dogecoin canine cryptocurrency and its proponent, Elon Musk. https://twitter.com/WhaleStatsBSC/status...
Large Transactions Spiked 888% In The Last 24 Hours As Whales\Holders Interact With Billion Of Shiba Inu
Cryptocurrency

Large Transactions Spiked 888% In The Last 24 Hours As Whales\Holders Interact With Billion Of Shiba Inu

Per  IntoTheBlock data, Shiba Inu whales resume their usual activities as large transactions spiked 888% in the last 24 hours. Large transaction surges are typically connected to increased action of whales, who are either buying or selling, and a transaction is generally more than $100,000. The large transaction came as a result of the whales’ interaction with billion of Shiba Inu which made the top Shiba Inu holders have a 16.67% spike in active addresses according to WhaleStats' analysis. Presently whales’ trading volumes and average Shib value rose by 27.78% and 17.94%, respectively, in the last 24 hours. Read Also: Charles Hoskinson Introduced Lace, A Lightwallet platform At The Consensus 2022 event At the Writer’s time, Shiba Inu is one of the few assets that traded bullish ...