Binance has executed its latest quarterly BNB burn, totaling 1.5 million tokens worth $916 million. This action is part of a long-term plan to reduce the supply of […]
MANTRA Co-Founder Proposes Community Vote on Token Burn Strategy
MANTRA co-founder JP Mullin has initiated a Twitter poll seeking input from the community regarding the token burn strategy for team-held tokens. Following the announcement of the decision […]
Bitget Burns 130 Million BGB Tokens: Driving Scarcity & Value Growth
In a move aimed at bolstering token scarcity and long-term value, Bitget has executed a substantial token burn event. The exchange permanently removed 130 million BGB tokens from […]
OM Token Soars 30% After CEO’s Token Burn Pledge
The OM token experienced a significant surge of over 30% after Mantra CEO John Patrick Mullin announced plans to burn a portion of his team tokens. This move […]
Mantra (OM) CEO Hints at Token Burn to Boost Project’s Value
The CEO of Mantra (OM), John Mullin, has suggested an expanded token burn program as a potential solution to revive the project’s reputation and increase the value of […]
BNB Chain Burns $916M Worth of BNB Tokens in Latest Quarterly Event
The BNB Foundation has successfully executed the 31st quarterly burn of its BNB tokens, removing approximately $916.07 million worth of BNB from circulation. This latest burn follows a […]
OM Token Price Surges Following CEO’s Token Burn Announcement
The Mantra token (OM) experienced a significant price surge of over 26%, rising from $0.50 to $0.7791 following its CEO, John Mullin’s announcement to burn his team tokens. […]
Mantra CEO Proposes Token Burn to Boost Investor Confidence
Mantra’s CEO, John Patrick Mullin, proposes a token burn initiative to address recent price drops and restore investor confidence. In response to the downturn in OM token prices, […]
Mantra CEO Drastically Burns Team Tokens to Rebuild Trust
Mantra’s CEO, John Patrick Mullin, has announced a significant move to burn team tokens as part of an initiative to rebuild community trust following controversies affecting the company. […]