Burn
317,511 views
161 Discussing
Hot
Latest
🚨OM DASHBOARD V1 LAUNCHES
#MANTRA rolls out real-time $OM dashboard on April 19, 2025
• Boosts transparency into OM token supply & holdings
• Aims to build investor trust and improve trading decisions
• May not cause instant price surge, but long-term outlook positive
• Market values data access—seen as a key move for project maturity
#OMUSDT #BlockchainTransparency
#MANTRA rolls out real-time $OM dashboard on April 19, 2025
• Boosts transparency into OM token supply & holdings
• Aims to build investor trust and improve trading decisions
• May not cause instant price surge, but long-term outlook positive
• Market values data access—seen as a key move for project maturity
#OMUSDT #BlockchainTransparency
See original
$OM
**What is Token Burning and Why Didn't It Increase the Price of #MANTRA (OM)?**
Hello! Let's simply explain token burning and the example of MANTRA (OM)! 🚀
**What Does Token Burning Mean?**
A project reduces its supply by "burning" its tokens, which means eliminating them. For example, if you have 100 apples and you destroy 20 of them, the remaining 80 apples might become more valuable. That's how burning works: supply decreases, value can increase.
**Mantra (OM) Example** Mantra is an asset tokenization project. On April 21, 2025, they burned 150 million #OM tokens, and will burn another 150 million. Total supply dropped to 1.67 billion. Its price is 0.53 USD (April 29, 2025).
**So, Why Didn't the Price Increase?**
- The market is volatile, OM dropped 70-90% in April.
- Demand is low; if people don't buy, the price won't rise.
- Large wallets are selling, creating pressure.
- The expectation of burning was already reflected in the price.
**Final Words**
Token burning is a powerful tool, but it's not enough. The price increase for MANTRA depends on market conditions and the growth of the project. If it becomes a leader in the long term, this burning might be effective, but patience is needed. What do you think? 🚀
#OM #burn
**What is Token Burning and Why Didn't It Increase the Price of #MANTRA (OM)?**
Hello! Let's simply explain token burning and the example of MANTRA (OM)! 🚀
**What Does Token Burning Mean?**
A project reduces its supply by "burning" its tokens, which means eliminating them. For example, if you have 100 apples and you destroy 20 of them, the remaining 80 apples might become more valuable. That's how burning works: supply decreases, value can increase.
**Mantra (OM) Example** Mantra is an asset tokenization project. On April 21, 2025, they burned 150 million #OM tokens, and will burn another 150 million. Total supply dropped to 1.67 billion. Its price is 0.53 USD (April 29, 2025).
**So, Why Didn't the Price Increase?**
- The market is volatile, OM dropped 70-90% in April.
- Demand is low; if people don't buy, the price won't rise.
- Large wallets are selling, creating pressure.
- The expectation of burning was already reflected in the price.
**Final Words**
Token burning is a powerful tool, but it's not enough. The price increase for MANTRA depends on market conditions and the growth of the project. If it becomes a leader in the long term, this burning might be effective, but patience is needed. What do you think? 🚀
#OM #burn
1000000 EU:
and where is the info that they burned them? they were and are now. it seems like they should burn 150,000,000 today alone
🔥🚨 *PEPE Burn Strategy: Let's Fuel the Fire!* 🚨🔥
To allPEPE fans, here's an idea to supercharge the meme coin's potential: Let's *burn* as much of the currency as we can! 🔥💥
How?
- *Buy 100,000 coins minimum* 💰
- *Hold them* for the long term 🕰️
- This will help *decrease supply* and could potentially push the price higher as the supply gets limited. 🔥
Why It Could Work:
1. *Scarcity Drives Value*: Fewer coins in circulation = higher demand 🌍
2. *Community Power*: When we act together, we can make a big impact 💪
3. *Long-Term Gains*: Holding and burning could create upward pressure on price 📈
🚀 *Predictions & Analysis:*
- If enough people jump in, we could see a *strong rise* in $PEPE ’s value over time 📊.
- The fewer coins there are, the more *market sentiment* could shift, potentially driving the price upward.
💭 *What do you think of the idea?* Let me know in the comments! 👇
$PEPE
$S
$BTC
#Crypto #PEPE #memecoin #Burn #hold
To allPEPE fans, here's an idea to supercharge the meme coin's potential: Let's *burn* as much of the currency as we can! 🔥💥
How?
- *Buy 100,000 coins minimum* 💰
- *Hold them* for the long term 🕰️
- This will help *decrease supply* and could potentially push the price higher as the supply gets limited. 🔥
Why It Could Work:
1. *Scarcity Drives Value*: Fewer coins in circulation = higher demand 🌍
2. *Community Power*: When we act together, we can make a big impact 💪
3. *Long-Term Gains*: Holding and burning could create upward pressure on price 📈
🚀 *Predictions & Analysis:*
- If enough people jump in, we could see a *strong rise* in $PEPE ’s value over time 📊.
- The fewer coins there are, the more *market sentiment* could shift, potentially driving the price upward.
💭 *What do you think of the idea?* Let me know in the comments! 👇
$PEPE
$S
$BTC
#Crypto #PEPE #memecoin #Burn #hold
🔥🚨 *PEPE Burn Strategy: Let's Fuel the Fire!* 🚨🔥
To allPEPE fans, here's an idea to supercharge the meme coin's potential: Let's *burn* as much of the currency as we can! 🔥💥
How?
- *Buy 100,000 coins minimum* 💰
- *Hold them* for the long term 🕰️
- This will help *decrease supply* and could potentially push the price higher as the supply gets limited. 🔥
Why It Could Work:
1. *Scarcity Drives Value*: Fewer coins in circulation = higher demand 🌍
2. *Community Power*: When we act together, we can make a big impact 💪
3. *Long-Term Gains*: Holding and burning could create upward pressure on price 📈
🚀 *Predictions & Analysis:*
- If enough people jump in, we could see a *strong rise* in $PEPE ’s value over time 📊.
- The fewer coins there are, the more *market sentiment* could shift, potentially driving the price upward.
💭 *What do you think of the idea?* Let me know in the comments! 👇
$PEPE
$S
$BTC
#Crypto #PEPE #memecoin #Burn #hold
To allPEPE fans, here's an idea to supercharge the meme coin's potential: Let's *burn* as much of the currency as we can! 🔥💥
How?
- *Buy 100,000 coins minimum* 💰
- *Hold them* for the long term 🕰️
- This will help *decrease supply* and could potentially push the price higher as the supply gets limited. 🔥
Why It Could Work:
1. *Scarcity Drives Value*: Fewer coins in circulation = higher demand 🌍
2. *Community Power*: When we act together, we can make a big impact 💪
3. *Long-Term Gains*: Holding and burning could create upward pressure on price 📈
🚀 *Predictions & Analysis:*
- If enough people jump in, we could see a *strong rise* in $PEPE ’s value over time 📊.
- The fewer coins there are, the more *market sentiment* could shift, potentially driving the price upward.
💭 *What do you think of the idea?* Let me know in the comments! 👇
$PEPE
$S
$BTC
#Crypto #PEPE #memecoin #Burn #hold
🔥🚨 *PEPE Burn Strategy: Let's Fuel the Fire!* 🚨🔥
To allPEPE fans, here's an idea to supercharge the meme coin's potential: Let's *burn* as much of the currency as we can! 🔥💥
How?
- *Buy 100,000 coins minimum* 💰
- *Hold them* for the long term 🕰️
- This will help *decrease supply* and could potentially push the price higher as the supply gets limited. 🔥
Why It Could Work:
1. *Scarcity Drives Value*: Fewer coins in circulation = higher demand 🌍
2. *Community Power*: When we act together, we can make a big impact 💪
3. *Long-Term Gains*: Holding and burning could create upward pressure on price 📈
🚀 *Predictions & Analysis:*
- If enough people jump in, we could see a *strong rise* in $PEPE ’s value over time 📊.
- The fewer coins there are, the more *market sentiment* could shift, potentially driving the price upward.
💭 *What do you think of the idea?* Let me know in the comments! 👇
$PEPE
$S
$BTC
#Crypto #PEPE #memecoin #Burn #hold
To allPEPE fans, here's an idea to supercharge the meme coin's potential: Let's *burn* as much of the currency as we can! 🔥💥
How?
- *Buy 100,000 coins minimum* 💰
- *Hold them* for the long term 🕰️
- This will help *decrease supply* and could potentially push the price higher as the supply gets limited. 🔥
Why It Could Work:
1. *Scarcity Drives Value*: Fewer coins in circulation = higher demand 🌍
2. *Community Power*: When we act together, we can make a big impact 💪
3. *Long-Term Gains*: Holding and burning could create upward pressure on price 📈
🚀 *Predictions & Analysis:*
- If enough people jump in, we could see a *strong rise* in $PEPE ’s value over time 📊.
- The fewer coins there are, the more *market sentiment* could shift, potentially driving the price upward.
💭 *What do you think of the idea?* Let me know in the comments! 👇
$PEPE
$S
$BTC
#Crypto #PEPE #memecoin #Burn #hold
See original
Mantra Plans to Burn $300 Million OM Token, Price of OM Immediately Becomes the Focus!
The cryptocurrency market was recently shocked by the announcement from MANTRA regarding plans to significantly burn OM tokens. A total of 150 million OM tokens will be removed from circulation, with an additional plan to burn another 150 million.
Although this should be good news as it reduces the number of circulating tokens, the price of OM tokens has actually decreased by about 5% in the last 24 hours, now priced at $0.5437. John Patrick Mullin, CEO and Founder of MANTRA, has taken a bold step by deciding to burn the entire allocation of 150 million tokens that he owns.
The token burning process has begun with the unstaking withdrawal from the Team and Core Contributors allocation. MANTRA is committed to executing this process transparently and has provided technical details for verification by the community.
#burn $OM
The cryptocurrency market was recently shocked by the announcement from MANTRA regarding plans to significantly burn OM tokens. A total of 150 million OM tokens will be removed from circulation, with an additional plan to burn another 150 million.
Although this should be good news as it reduces the number of circulating tokens, the price of OM tokens has actually decreased by about 5% in the last 24 hours, now priced at $0.5437. John Patrick Mullin, CEO and Founder of MANTRA, has taken a bold step by deciding to burn the entire allocation of 150 million tokens that he owns.
The token burning process has begun with the unstaking withdrawal from the Team and Core Contributors allocation. MANTRA is committed to executing this process transparently and has provided technical details for verification by the community.
#burn $OM
Ramona Varkey kjOn:
Semakin dalam 😫
Mantra to Burn $160M Worth of OM Tokens — Half from Founder’s Wallet
Mantra, the platform focused on real-world asset tokenization, is taking a bold step to restore investor trust after its token price crash. The project plans to burn up to 300 million OM tokens, which equals around 16.5% of the total supply, valued at over $160 million.
🔹 Supply Reduction Aims to Boost Staking Rewards
Out of the total planned burn, 150 million OM tokens (worth roughly $80 million) will come directly from founder John Patrick Mullin’s team allocation, which had been staked since the network’s launch in October 2024.
The remaining tokens will come from “ecosystem partners,” though no specific details were shared. The overall staking ratio will drop from 31.47% to 25.30% following the burn.
The burn process has already begun and is expected to finish by April 29, when the tokens will be moved to the network’s burn address.
“The offboarding of 150 million tokens from the Team and Core Contributor pools has now started,” the team confirmed in an update.
🔹 90% Price Crash Forced Emergency Action
On April 13, OM experienced a devastating 90% price collapse, wiping out more than $5 billion in market value within hours. Mantra’s team blamed the crash on reckless exchange-driven liquidations, which triggered panic selling across the community.
🔹 What is Mantra and Why Did OM Soar Earlier This Year?
Mantra is a decentralized platform that allows users to tokenize physical assets like real estate, commodities, and data centers. These tokenized assets can then be traded or held on-chain, with OM as the main utility and governance token.
In January, Mantra announced a major partnership with DAMAC Group from the UAE to tokenize $1 billion worth of assets — a move that greatly boosted investor confidence. As a result, OM surged more than 400% in early 2024, making it one of the top-performing tokens that year.
🔹 Market Reacts Cautiously — OM Drops Despite Burn Announcement
Despite the token burn announcement — a move usually seen as bullish due to reduced supply — OM’s price dipped 3.3% over the past 24 hours. This suggests that investor confidence remains shaken following the recent crash, and recovery may take time.
#om , #crypto , #burn , #mantra , #CryptoNewss
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
🔹 Supply Reduction Aims to Boost Staking Rewards
Out of the total planned burn, 150 million OM tokens (worth roughly $80 million) will come directly from founder John Patrick Mullin’s team allocation, which had been staked since the network’s launch in October 2024.
The remaining tokens will come from “ecosystem partners,” though no specific details were shared. The overall staking ratio will drop from 31.47% to 25.30% following the burn.
The burn process has already begun and is expected to finish by April 29, when the tokens will be moved to the network’s burn address.
“The offboarding of 150 million tokens from the Team and Core Contributor pools has now started,” the team confirmed in an update.
🔹 90% Price Crash Forced Emergency Action
On April 13, OM experienced a devastating 90% price collapse, wiping out more than $5 billion in market value within hours. Mantra’s team blamed the crash on reckless exchange-driven liquidations, which triggered panic selling across the community.
🔹 What is Mantra and Why Did OM Soar Earlier This Year?
Mantra is a decentralized platform that allows users to tokenize physical assets like real estate, commodities, and data centers. These tokenized assets can then be traded or held on-chain, with OM as the main utility and governance token.
In January, Mantra announced a major partnership with DAMAC Group from the UAE to tokenize $1 billion worth of assets — a move that greatly boosted investor confidence. As a result, OM surged more than 400% in early 2024, making it one of the top-performing tokens that year.
🔹 Market Reacts Cautiously — OM Drops Despite Burn Announcement
Despite the token burn announcement — a move usually seen as bullish due to reduced supply — OM’s price dipped 3.3% over the past 24 hours. This suggests that investor confidence remains shaken following the recent crash, and recovery may take time.
#om , #crypto , #burn , #mantra , #CryptoNewss
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
🚨 $OM Token Crash – What happened? And what’s next for #mantra ?
The $OM token plummeted by over -90% in hours, wiping out billions in market cap.
Here’s what went down:
📉 The Crash
• Forced liquidations during low liquidity
• Price dropped from ~$6.30 to under $0.50
• Panic and distrust spread fast
🔍 The Response
• MANTRA launched an internal investigation
• Plan to #burn $170M in tokens to restore trust
• More transparency via live #Tokenomics dashboard
• Coordination with exchanges under way
As of now,$OM has recovered slightly (~$0.51) – but long-term confidence needs rebuilding.
The $OM token plummeted by over -90% in hours, wiping out billions in market cap.
Here’s what went down:
📉 The Crash
• Forced liquidations during low liquidity
• Price dropped from ~$6.30 to under $0.50
• Panic and distrust spread fast
🔍 The Response
• MANTRA launched an internal investigation
• Plan to #burn $170M in tokens to restore trust
• More transparency via live #Tokenomics dashboard
• Coordination with exchanges under way
As of now,$OM has recovered slightly (~$0.51) – but long-term confidence needs rebuilding.
🚨MANTRA TO #BURN 150M $OM TOKENS
🚨MANTRA $OM TOKEN 1x REBOUNDS AFTER 90% CRASH (Next Target $2- $2.5)
🔹Co-Founder Promises Post-Mortem, Buyback & Burn Plans
🔹$OM rebounded ~67% Tuesday after plunging from $6.30 to $0.37 over the weekend
🔹John Patrick Mullin: Full report on the collapse to drop within 24 hrs
🔹Claims crash was due to "reckless liquidations," not internal issues
🔹Nomura's Laser Digital (2024 backer) denied rumors of investor selloffs
🔹Past allegations of token float manipulation — Mullin denies
🔹Buyback + Burn Program to restore trust incoming
#MANTRA #OMToken #CryptoCrash #DeFi #PostMortem $SHELL
🔹Co-Founder Promises Post-Mortem, Buyback & Burn Plans
🔹$OM rebounded ~67% Tuesday after plunging from $6.30 to $0.37 over the weekend
🔹John Patrick Mullin: Full report on the collapse to drop within 24 hrs
🔹Claims crash was due to "reckless liquidations," not internal issues
🔹Nomura's Laser Digital (2024 backer) denied rumors of investor selloffs
🔹Past allegations of token float manipulation — Mullin denies
🔹Buyback + Burn Program to restore trust incoming
#MANTRA #OMToken #CryptoCrash #DeFi #PostMortem $SHELL
Take A Sip: 300,000,000 OM Token Burn? What It Could Mean for the MANTRA Ecosystem?
Estimated reading time: 3 mins
Follow #takeasip for your daily dose of market news — neutral, important, and as refreshing as your morning coffee.
TL;DR:
#mantra CEO is burning 150M $OM tokens from his personal allocation to reduce supply and reinforce long-term commitment.A second 150M $OM burn is under discussion with ecosystem partners.This could impact OM’s total supply, #staking rewards, and market dynamics — marking a significant update in its tokenomics.
THE SCOOP:
150M OM Burn by the CEO 🔥
John Patrick Mullin, CEO & Co-founder of MANTRA, is permanently burning 150 million OM tokens from his own allocation.
These tokens were initially staked to support network security during MANTRA Chain’s mainnet launch in October 2024.The unstaking process is now underway and is expected to finish by April 29, 2025.
Once unstaking process is complete, tokens will be sent to a public burn address (mantra1qq...cg2my8), ensuring they are unrecoverable and permanently removed from circulation.
This move is intended to demonstrate long-term alignment with the community and reinforce confidence in OM’s future.
Another 150M Burn? Under Discussion 💬
MANTRA is currently in talks with major partners in its ecosystem about burning another 150 million OM tokens.
These could come from team allocations, reserve funds, or other non-circulating sources — but exact details haven’t been finalized yet.
If both burns are completed, the total reduction in supply would be 300M OM, or roughly 16.5% of the original total supply.
Impact on Supply & Staking Dynamics 📉📈
1. Following just the first burn:
Total supply will drop from 1.82B to 1.67B OM.Staked OM will decline from 571.8M to 421.8M OM.The bonded ratio (staked tokens vs. circulating supply) decreases from 31.47% to 25.30%.
2. Why that matters:
Lower supply can support token scarcity over time.Reduced bonded ratio may increase staking APR for $OM stakers, due to fewer tokens competing for the same pool of rewards.
Signals to Watch 👀
CEO-led burns are rare and often interpreted as a long-term commitment to project health.
If the second burn proceeds, it could amplify OM’s deflationary model.
The combination of regulatory moves, RWA initiatives, and now aggressive token burns suggests a strategic repositioning for 2025 and beyond.
CONCLUSION:
OM’s evolving tokenomics may reshape how the token is valued, staked, and used across the MANTRA ecosystem.
With a potential 300M tokens set to be removed, this could affect OM’s scarcity, staking yields, and investor perception over time.
Whether you're staking, holding, or observing — this move adds a new layer to OM’s story.
As always, stay informed and DYOR before invest in!
#om #burn
Follow #takeasip for your daily dose of market news — neutral, important, and as refreshing as your morning coffee.
TL;DR:
#mantra CEO is burning 150M $OM tokens from his personal allocation to reduce supply and reinforce long-term commitment.A second 150M $OM burn is under discussion with ecosystem partners.This could impact OM’s total supply, #staking rewards, and market dynamics — marking a significant update in its tokenomics.
THE SCOOP:
150M OM Burn by the CEO 🔥
John Patrick Mullin, CEO & Co-founder of MANTRA, is permanently burning 150 million OM tokens from his own allocation.
These tokens were initially staked to support network security during MANTRA Chain’s mainnet launch in October 2024.The unstaking process is now underway and is expected to finish by April 29, 2025.
Once unstaking process is complete, tokens will be sent to a public burn address (mantra1qq...cg2my8), ensuring they are unrecoverable and permanently removed from circulation.
This move is intended to demonstrate long-term alignment with the community and reinforce confidence in OM’s future.
Another 150M Burn? Under Discussion 💬
MANTRA is currently in talks with major partners in its ecosystem about burning another 150 million OM tokens.
These could come from team allocations, reserve funds, or other non-circulating sources — but exact details haven’t been finalized yet.
If both burns are completed, the total reduction in supply would be 300M OM, or roughly 16.5% of the original total supply.
Impact on Supply & Staking Dynamics 📉📈
1. Following just the first burn:
Total supply will drop from 1.82B to 1.67B OM.Staked OM will decline from 571.8M to 421.8M OM.The bonded ratio (staked tokens vs. circulating supply) decreases from 31.47% to 25.30%.
2. Why that matters:
Lower supply can support token scarcity over time.Reduced bonded ratio may increase staking APR for $OM stakers, due to fewer tokens competing for the same pool of rewards.
Signals to Watch 👀
CEO-led burns are rare and often interpreted as a long-term commitment to project health.
If the second burn proceeds, it could amplify OM’s deflationary model.
The combination of regulatory moves, RWA initiatives, and now aggressive token burns suggests a strategic repositioning for 2025 and beyond.
CONCLUSION:
OM’s evolving tokenomics may reshape how the token is valued, staked, and used across the MANTRA ecosystem.
With a potential 300M tokens set to be removed, this could affect OM’s scarcity, staking yields, and investor perception over time.
Whether you're staking, holding, or observing — this move adds a new layer to OM’s story.
As always, stay informed and DYOR before invest in!
#om #burn
See original
$BTTC
It's time for BTTC to shine brighter.
Imagine the extraordinary potential that can be achieved when the supply of BTTC becomes more efficient and controlled.
With community support, consistent burn actions, and a long-term vision, we can drive healthy and sustainable value growth.
Because in the world of digital assets, scarcity creates strength.
The smaller the supply, the greater the potential.
Let's be part of the change.
Support the burn. Hold BTTC. Build the future.
$TRX
$ETH
@Justin Sun孙宇晨
#BTTCBURN
#burning
#burn
It's time for BTTC to shine brighter.
Imagine the extraordinary potential that can be achieved when the supply of BTTC becomes more efficient and controlled.
With community support, consistent burn actions, and a long-term vision, we can drive healthy and sustainable value growth.
Because in the world of digital assets, scarcity creates strength.
The smaller the supply, the greater the potential.
Let's be part of the change.
Support the burn. Hold BTTC. Build the future.
$TRX
$ETH
@Justin Sun孙宇晨
#BTTCBURN
#burning
#burn
To all of yall
When you buy gold you don't lose gold.
To yall claiming that yall lost yalls idk what!? IQ? #sickburn #burn #toallofyall #yall
When you buy gold you don't lose gold.
To yall claiming that yall lost yalls idk what!? IQ? #sickburn #burn #toallofyall #yall
Binance's Terra Luna Classic (LUNC) Burn Surpasses 40 Billion - November Sees 760 Million Tokens Go Up in Smoke
#Binance Initiates 15th Batch Burn: 760 Million Terra Luna Classic (LUNC) Tokens Turn to Ash, Total Reaches 40 Billion
In a strategic move, Binance, the globe's premier crypto exchange, has immolated 760 million Terra Luna Classic (LUNC) tokens as part of the 15th batch of #LUNC burns. This development propels the overall LUNC incineration by Binance to nearly 40 billion, contributing significantly to a community-driven burn exceeding 76 billion tokens. Following this latest burn, LUNC experienced a surge in price, underscoring Binance's commitment to reducing the circulating supply through its burn mechanism.
Covering the period from September 30 to October 30, 2023, the burn signifies Binance's persistent efforts to curtail the LUNC supply originating from trading fees on LUNC spot and margin trading pairs. Despite a decline in the burn rate attributed to FUD, diminished developer activity, and a dip in LUNC trading volumes on the exchange, the Terra Luna Classic community expressed gratitude to Binance and CEO CZ for their continued contribution to the burn campaign. Looking ahead, community discussions are brewing around the prospect of proposing the burning of USTC alongside LUNC, reminiscent of Binance's prior reduction in burn contribution from 100% to 50% of LUNC spot and margin trading fees.
Against the backdrop of a market-wide pullback, both LUNC and USTC prices witnessed a decline as investors opted for profit booking. LUNC faced a 5% dip in the last 24 hours, settling at $0.000062, while USTC experienced a 4% drop, currently trading at $0.011. Despite the setback in prices, USTC observed a slight increase in trading volume over the past 24 hours, indicating potential shifts in market dynamics."
$LUNA $LUNC #luna #burn #moon
#Binance Initiates 15th Batch Burn: 760 Million Terra Luna Classic (LUNC) Tokens Turn to Ash, Total Reaches 40 Billion
In a strategic move, Binance, the globe's premier crypto exchange, has immolated 760 million Terra Luna Classic (LUNC) tokens as part of the 15th batch of #LUNC burns. This development propels the overall LUNC incineration by Binance to nearly 40 billion, contributing significantly to a community-driven burn exceeding 76 billion tokens. Following this latest burn, LUNC experienced a surge in price, underscoring Binance's commitment to reducing the circulating supply through its burn mechanism.
Covering the period from September 30 to October 30, 2023, the burn signifies Binance's persistent efforts to curtail the LUNC supply originating from trading fees on LUNC spot and margin trading pairs. Despite a decline in the burn rate attributed to FUD, diminished developer activity, and a dip in LUNC trading volumes on the exchange, the Terra Luna Classic community expressed gratitude to Binance and CEO CZ for their continued contribution to the burn campaign. Looking ahead, community discussions are brewing around the prospect of proposing the burning of USTC alongside LUNC, reminiscent of Binance's prior reduction in burn contribution from 100% to 50% of LUNC spot and margin trading fees.
Against the backdrop of a market-wide pullback, both LUNC and USTC prices witnessed a decline as investors opted for profit booking. LUNC faced a 5% dip in the last 24 hours, settling at $0.000062, while USTC experienced a 4% drop, currently trading at $0.011. Despite the setback in prices, USTC observed a slight increase in trading volume over the past 24 hours, indicating potential shifts in market dynamics."
$LUNA $LUNC #luna #burn #moon
🚨 Can 1MBABY DOGE Really Hit $1 in 24 Hours? Let’s Break It Down! 🚨
With rumors swirling about Elon Musk’s supposed support for 1MBABY DOGE, some are claiming the meme coin could skyrocket to $1 in just 24 hours. But let’s separate hype from reality:
💡 1. Market Cap Reality Check
• If 1MBABY DOGE is trading at a fraction of a cent, a jump to $1 would require its market cap to rival Bitcoin’s all-time high—an astronomical leap! 🚀
• Meme coins with large token supplies rarely achieve such price levels.
🤔 2. Elon Musk’s Influence: Fact or Fiction?
• Musk’s tweets can spark temporary surges (remember Dogecoin?), but direct endorsements of speculative coins are rare and unverified.
• DYOR: Always verify sources claiming Musk’s involvement—misinformation spreads fast!
🔥 3. Hype vs. Reality
• Hype-fueled pumps can drive short-term spikes, but sustainability depends on:
✅ Real-world utility
✅ Community strength
✅ Innovative tech
• Most meme coins lack these fundamentals, making them high-risk investments.
⚠️ 4. Risks to Watch
• Liquidity Issues: A flood of investors could trigger extreme volatility.
• Regulatory Scrutiny: False claims or market manipulation can attract legal action.
• Investment Losses: Prices may crash just as quickly as they rise in “pump-and-dump” scenarios.
💬 Key Takeaways:
1️⃣ Unrealistic claims like $1 in 24 hours are often marketing gimmicks.
2️⃣ Stay cautious and only invest what you can afford to lose.
3️⃣ DYOR before chasing the hype—crypto success takes more than just buzz!
🔍 Your Move:
Excited about the potential of meme coins? Or skeptical of these claims? Let’s discuss in the comments!
📊 Trade safely on Binance—where informed traders thrive. 🚀
#CRYPTOHYPER #1MBABYDIG #DYOR #Write2Earn ! #BURN GMT
With rumors swirling about Elon Musk’s supposed support for 1MBABY DOGE, some are claiming the meme coin could skyrocket to $1 in just 24 hours. But let’s separate hype from reality:
💡 1. Market Cap Reality Check
• If 1MBABY DOGE is trading at a fraction of a cent, a jump to $1 would require its market cap to rival Bitcoin’s all-time high—an astronomical leap! 🚀
• Meme coins with large token supplies rarely achieve such price levels.
🤔 2. Elon Musk’s Influence: Fact or Fiction?
• Musk’s tweets can spark temporary surges (remember Dogecoin?), but direct endorsements of speculative coins are rare and unverified.
• DYOR: Always verify sources claiming Musk’s involvement—misinformation spreads fast!
🔥 3. Hype vs. Reality
• Hype-fueled pumps can drive short-term spikes, but sustainability depends on:
✅ Real-world utility
✅ Community strength
✅ Innovative tech
• Most meme coins lack these fundamentals, making them high-risk investments.
⚠️ 4. Risks to Watch
• Liquidity Issues: A flood of investors could trigger extreme volatility.
• Regulatory Scrutiny: False claims or market manipulation can attract legal action.
• Investment Losses: Prices may crash just as quickly as they rise in “pump-and-dump” scenarios.
💬 Key Takeaways:
1️⃣ Unrealistic claims like $1 in 24 hours are often marketing gimmicks.
2️⃣ Stay cautious and only invest what you can afford to lose.
3️⃣ DYOR before chasing the hype—crypto success takes more than just buzz!
🔍 Your Move:
Excited about the potential of meme coins? Or skeptical of these claims? Let’s discuss in the comments!
📊 Trade safely on Binance—where informed traders thrive. 🚀
#CRYPTOHYPER #1MBABYDIG #DYOR #Write2Earn ! #BURN GMT
🔥 Token Burning Party! 🔥 Celebrating token burns, where supply reduction leads to potential price surges. Less supply, higher demand! #TokenBurn #GOATMoments #Binance #burn #crypto2023
See original
Burn, the originator of burning, returns to value
🔥The so-called double burning of Burn🔥The first is the "passive burning" of the LP pot. The local currency burn automatically burns (destroyed) 0.25% into the black hole every hour, and burns 6% every day. If the buying and selling volume remains the same on the day, the currency price will automatically up 6%. 🔥The second is the "active burning" of the burning pool. The local currency burn purchased by each person is put into the burning pool for burning (destroyed). The gold standard is exchanged for burning certificates. Everyone weights the dividend according to the certificate. The transaction slippage is 1%#BinanceWeb3 #burn #燃烧
Login to explore more contents