token burn Archives - Page 2 of 3

Burn Rate Surged 162.98% As 216.30 Million SHIB Was Destroyed via 15 transactions In The Last 24 Hours.

21Jun

By Cryptolifedigital1 Comment

Cryptocurrency

Burn Rate Surged 162.98% As 216.30 Million SHIB Was Destroyed via 15 transactions In The Last 24 Hours.

As a habit in the Shiba community, burning is paramount in other to maintain the price cap of Shiba Inu and also to control the amount in circulation. Shiba Inu community has just taken another 216.30 Million SHIB to the burning portal in the past 24 hours. This burning was done via 15 transactions. Read Also: Vasil Hard Fork Is Postponed Till Late July To Ensure correct deployment https://twitter.com/shibburn/status/1539095782086819840 The burn rate surged 162.98% over the last day when only 83,335,225 (83.33M) SHIB were sent to “inferno” addresses through 9 separate transactions. Top SHIB Burners The burning of a total of 100 Million Shiba Inu tokens has made 1CENT and ETH SHIBA, the two community-driven tokens which are dedicated to burning Shiba Inu the top Shib Bu...

CoinMarketCap Has Finally Verified The Circulating Supply of BabyDoge, Investors, And Traders Can Now Oversee Important Metrics.

16Jun

By Cryptolifedigital1 Comment

Uncategorized

CoinMarketCap Has Finally Verified The Circulating Supply of BabyDoge, Investors, And Traders Can Now Oversee Important Metrics.

CoinMarketCap has finally verified the circulating supply of the 229th-ranked BabyDoge coin, which is found to be 153,207,172.17 billion meme coins. According to the official Twitter account of Babydoge, the potential and current investors and traders will be able to get more data about this meme cryptocurrency and oversee important metrics related to it. Read Also: The Community applauded Ripple's And Binance's Announcement of a Job Interview Amid Bear Market https://twitter.com/BabyDogeCoin/status/1537403636229328897 According to the team behind the BabyDoge account, the verification came after almost a year. BabyDoge Address on the Increase A tweet posted on May 29th revealed a total of 1,550,000 addresses hold BabyDoge meme coins. As reported by Cryptolifedigital...

BabyDoge Becomes The Most used Smart Contrast by BNB whales As 2.6 Quadrillion Was Sent Into dead-end Wallets.

15Jun

By Cryptolifedigital1 Comment

Cryptocurrency

BabyDoge Becomes The Most used Smart Contrast by BNB whales As 2.6 Quadrillion Was Sent Into dead-end Wallets.

Just as reported a couple of weeks as the Babydoge holder count surged to more than 1.5 million, adding 200 addresses since February. The tweet showed that, then, a total of 1,550,000 addresses hold BabyDoge meme coins. As reported by Cryptolifedigital at the onset of February, back then, the total holder count for this cryptocurrency amounted to 1,360,410 wallets on the BNB chain—the native blockchain on the coin was built. Read also: The month's Request Of The Cardano Ecosystem Comes To A Reality Today: ADA On Ledger Live Similar to Shiba Inu that recently enter a burning series to put the supply under check. In few days to weeks back, a vote was initiated to burn another 50 quadrillion tokens. Then, the leading option in the voting was to burn all 50 quadrillion BabyDoge at on...

Shiba Inu Becomes Biggest Holding Among Top 500 Whales as Mysterious SHIB Whale Amassed Whopping $5.28 Million Worth of Shiba Inu.

15Jun

By Cryptolifedigital3 Comments

Cryptocurrency

Shiba Inu Becomes Biggest Holding Among Top 500 Whales as Mysterious SHIB Whale Amassed Whopping $5.28 Million Worth of Shiba Inu.

In the Shiba ecosystem, mysterious things happen daily, despite the bearish in the market presently has not made both the Shib Army and the Whales stop being optimistic about the meme coin. Yesterday, Cryptolifedigital reported that over 329 million SHIB tokens were destroyed, just to maintain the Shib price especially because of the present bearish in the crypto market generally. The burning over the 24 hours has resulted in the 332% increase in SHIB burning which eventually lead the crypto enthusiasts to be more optimistic about the popular meme coin. Read Also: First Phase Of Libdogecoin, a building block for creating Dogecoin projects To Be Launched Soon: Dogecoin. Today’s Great News! Shiba Inu bypassed FTX token to assume the position of the biggest Holing among the to...

The Ongoing Voting Has Given The New Proposal(50% of all LUNC transaction fees) burns Records of 93.2%, with 77.4 million LUNA committed.

11Jun

By Cryptolifedigital1 Comment

Cryptocurrency

The Ongoing Voting Has Given The New Proposal(50% of all LUNC transaction fees) burns Records of 93.2%, with 77.4 million LUNA committed.

After Do Kwon and Terraform Labs refused to yield to the community calls to burn LUNA instead of creating a whole new Chain, all seemed to be calm, until now. It so happens that not everyone was happy with Terraform’s game plan of not burning the tokens. A week ago, a team of developers has come up with a seemingly perfect solution of their own – launching a community-based DEX with the basic aim of burning lots of LUNC (Luna Classic). For maximum effect, the platform will be called “Burning DEX.” Read Also: 20 million OP moved by the attacker Due To The Wrong Address Sent By Wintermute As of then, there are currently close to 7 trillion LUNC tokens minted. The Terra community then (now TerraClassic) was always in favor of burning the excess minted tokens rather than creatin...

New Terra Luna Classic (LUNC) Burning Proposal Gets 80% Votes In Favor, Will It Be Implemented?

9Jun

By CryptolifedigitalNo Comments

Cryptocurrency

New Terra Luna Classic (LUNC) Burning Proposal Gets 80% Votes In Favor, Will It Be Implemented?

A LUNC investor has fielded a proposal to burn tokens and cause a sharp spike in price. For some time now, the Terra community has complained that Do Kwon and Terraform Labs have left LUNC and UST. A previous demand by the community for TFL to implement a LUNA burning mechanism was rejected, and Do Kwon and his team instead elected to create Terra 2.0. Currently, another proposal by a LUNC investor is causing ripples within the community and the crypto market. The proposal suggests a straightforward LUNC burning mechanism that will lead to a decrease in supply and a price increase. Read Also: Binance To PayPal Short Guide: How To Transfer Crypto From Binance To PayPal The LUNC Burning Mechanism As stated by the proposal, a 1.2% tax/burn will be implemented on all LUNC tra...

Upper ETH Whale Amasses 187 Billion Shiba Inu While Community Burns 134 Million SHIB

9Jun

By Cryptolifedigital1 Comment

Cryptocurrency

Upper ETH Whale Amasses 187 Billion Shiba Inu While Community Burns 134 Million SHIB

Top ETH Whale accumulates 187 Billion Shiba Inu (SHIB), whereas, Shiba Inu Community sent 134.82 Million SHIB to dead wallets with the help of the SHIB Burn Portal. Based on the data from WhaleStats, a crypto intelligence platform that monitors the acts of the largest Ethereum whales, “BlueWhale0159” has added an impressive amount of Shiba Inu to her portfolio. Taking advantage of discounted prices, the Ethereum whale identified as “BlueWhale0159,” has scooped up a whopping total of 187 billion SHIB tokens, worth $1,985,940 ($1.98M) in one significant transaction, WhaleStats reports Read Also: Novatti Group Has Partnered With Ripple And Stellar To Create Stablecoin Based In The Australian Dollar https://twitter.com/WhaleStats/status/1534641759694860288 the huge...

LUNC Price Spiked Strongly As the Community Passes ‘Tax/Burn 1.2% Proposal

9Jun

By Cryptolifedigital4 Comments

Cryptocurrency

LUNC Price Spiked Strongly As the Community Passes ‘Tax/Burn 1.2% Proposal

LUNC price was believed to gain significant bullish momentum since the onset as the community was not in favor of LUNA 2.0. The Terra community then (now TerraClassic) was always in favor of burning the excess minted tokens rather than creating a new chain. As the LUNC & USDTC prices are highly dependent on the number of tokens in circulation, the need of squeezing the tokens in circulation became mandatory. However, in a recent update, the community has passed the Tax or Burn 1.2% proposal for TerraClassic, LUNC. As stated by the proposal, for every buys/sells transaction, 1.2% of LUNC coins will be burnt until the supply reaches the 10 billion mark. Read Also: Ethereum adds 500,000 new addresses per week And Its Developers Successfully Activate the Merg...

229M Shiba Inu Burnt Within 24Hrs And The First-Ever Shib Burn via Amazon Commissions

8Jun

By Cryptolifedigital2 Comments

Cryptocurrency

229M Shiba Inu Burnt Within 24Hrs And The First-Ever Shib Burn via Amazon Commissions

Over 229.16 million Shiba Inu (SHIB) have been pushed out of circulation by the community of Shiba Inu token lovers. Game Developer Travis Johnson led the Burn Show from the front in the past 24 hours. $176 Worth of SHIB Burned via Amazon. As stated in a recent tweet posted by Shibburn.com, over the past 24 hours, the Shiba inu community has sent 229.16 million SHIB to unspendable wallets. Read Also: Hollywood Actor Martin Lawrence Is Working on a Cardano-Powered NFT Collection. https://twitter.com/shibburn/status/1534384740538765314 The tweet by Shibburn.com says that 229,165,044 Shiba Inu have been removed from the circulating supply and locked in dead wallets, thus making the second-largest meme cryptocurrency a little more scarce. These outcomes were achieved after 11 trans...

Shiba Inu Going To Reach 1500 Islands As Estonian Exchange Looking Forward To Supporting Shib

4Jun

By Cryptolifedigital1 Comment

Cryptocurrency

Shiba Inu Going To Reach 1500 Islands As Estonian Exchange Looking Forward To Supporting Shib

As stated by Wikipedia “Estonia, a country in Northern Europe borders the Baltic Sea and the Gulf of Finland. Including more than 1,500 islands, its diverse terrain spans rocky beaches, old-growth forest, and many lakes.” MILKSHAKE, an official Shiba Inu Growth Community member, is in discussions with Switcher for some kind of partnership. The development comes after NOWPayments partnered with the Estonian exchange to roll out a new fiat payout solution for the famous dog-themed cryptocurrency along with dome other major cryptocurrencies including Bitcoin (BTC) and Ethereum (ETH). Read Also: Charles Hoskinson Trolls Critics, Saying ADA Transactions Have Dramatically Risen Due to “SpookyAlpha” On May 27, the dedicated SHIB Growth Breed Member informed the Shiba Inu Community that ...