Tag: tokenburn

HTX DAO Burns $22M in Tokens: Will It Boost $HTX Value?

HTX DAO Burns $22M in Tokens: Will It Boost $HTX Value?

Recently, HTX DAO completed one of the largest token burns ever, destroying 11,796,322,511,974.72 $HTX tokens worth more than $22.17 million. HTX DAO is deeply dedicated to continuing with quarterly burns. They invest 50% of their platform revenue back into this process. Since the start of Q1 2024, the DAO has...

HTX DAO Burns $22 Million in Tokens, Boosts Decentralized Project Listings

HTX DAO Burns $22 Million in Tokens, Boosts Decentralized Project Listings

HTX DAO has just accomplished to burn its Q2 2025 $HTX. In the process, they destroyed 2,050 ETH—which at the time was worth over $22.17 million—worth of tokens! This burn, completed on July 15, is part of HTX DAO's commitment to decentralized governance and a sustainable financial ecosystem. HTX DAO...

HTX DAO Burns $22M in Tokens: What It Means for $HTX Holders

HTX DAO Burns $22M in Tokens: What It Means for $HTX Holders

HTX DAO has adopted a major deflationary policy to maximize the interests of its token holders. The DAO aggressively burns $HTX tokens to reduce the circulating supply. This play would increase short-term demand on speculation that the token would appreciate over time. This article will explore the impact of token...

HTX DAO Destroys $22 Million Worth of Tokens in Latest Burn

HTX DAO Destroys $22 Million Worth of Tokens in Latest Burn

To keep these recent achievements in mind, HTX DAO performed a large token burn on July 15, eliminating a total of 11,796,322,511,974.72 $HTX tokens. The value of the destroyed tokens was more than $22.17 million. This action aligns with HTX DAO’s pledge to conduct quarterly burns. Further, it continues progress...

CryptoCharming1 Burns $75K in Accidental PUMP Token Mishap

CryptoCharming1 Burns $75K in Accidental PUMP Token Mishap

CryptoCharming1, a Solana influencer and trader, inadvertently burned $75,000 worth of $PUMP tokens after launching a tool intended to clear spam assets from user wallets. The violation occurred immediately following Kraken’s sale of over $30 million in PUMP. This purchase occurred as part of a presale auction with test airdrops...

XYZVerse Nears Presale Completion, Token Burn to Follow

XYZVerse Nears Presale Completion, Token Burn to Follow

XYZVerse is approaching the end of its presale. It’s already raised more than $14 million, reaching nearly 94% of its $15 million target! The ambitious project, which fuses aspects of sports with popular meme coins, has brought widespread attention from the crypto community. As 11 of the 15 presale stages...

MANTRA Founder Burns 150 Million Tokens After 90% Price Crash

MANTRA Founder Burns 150 Million Tokens After 90% Price Crash

MANTRA, a decentralized cryptocurrency platform that’s been making waves recently in the crypto community. Yet this excitement comes after the token’s price collapse earlier this month and a focused token burn implemented by its founder, John Patrick Mullin. As a result, on April 13, the platform’s native token, $OM, crashed...

BTC Bull to Burn Tokens as Bitcoin Hits Milestones, Presale Nears $5 Million

BTC Bull to Burn Tokens as Bitcoin Hits Milestones, Presale Nears $5 Million

BTC Bull, a meme coin that aims to benefit from Bitcoin’s prosperity, is about to implement a burning mechanism for its BTC Bull tokens (BTCBULL). Focus on this happening as Bitcoin continues to hit new highs. This strategy is meant to artificially induce scarcity, thus increasing the value of the...

BTC Bull Token Set to Burn Tokens as Bitcoin Adoption Grows

BTC Bull Token Set to Burn Tokens as Bitcoin Adoption Grows

A new meme coin, $BTCBULL, is making waves in the crypto market with its presale launch and unique reward system tied to Bitcoin's performance. $BTCBULL aims to capitalize on the growing enthusiasm and adoption of digital currencies. It profiles countries such as Panama and South Korea as they seek advanced...

HTX DAO Reduces Token Supply by 15% in Q1 2025, Burns $19.2 Million Worth of $HTX

HTX DAO Reduces Token Supply by 15% in Q1 2025, Burns $19.2 Million Worth of $HTX

We’ve accomplished our first Q1 2025 $HTX token burn. This announcement decreased our overall token supply by 15% from the quarter prior. The extensive burn resulted in 11,338,023,612,750.992 $HTX tokens—worth more than US$19.2 million—being permanently removed from circulation. HTX DAO has been deliberate about ensuring that we’re deflationary. This move...

NOTAI & Zoro: Powering the Future of Decentralized AI for Devs

NOTAI & Zoro: Powering the Future of Decentralized AI for Devs

The intersection of artificial intelligence (AI) and blockchain technology is creating amazing opportunities for developers like never before. NOTAI and Zoro are at the forefront of that revolution. Together they are empowering developers, providing them with the tools to create and monetize AI applications in a developer-first, decentralized global economy....

NOTAI and Zoro Technology Partner to Empower Web3 Developers

NOTAI and Zoro Technology Partner to Empower Web3 Developers

This partnership comes on the heels of NOTAI and Zoro Technology’s recent strategic partnership. Collectively, we hope to provide developers and Web3 communities with strong, open, and accessible tools and resources. The collaboration seeks to leverage the strengths of both organizations to simplify complex concepts within the blockchain space and...

Crypto Presales Explode: Top 5 to Watch (and Why You Should Care)

Crypto Presales Explode: Top 5 to Watch (and Why You Should Care)

The crypto market is always changing, and along with it the methods investors use to discover the next big winner. Emily Tran, writing for IBD, explains why one of the biggest trends to watch is the crypto presale boom. As a result, investors are perpetually seeking the next moonshot crypto....

JetBolt Presale Surges Past $3.3 Million as Whale Interest Intensifies

JetBolt Presale Surges Past $3.3 Million as Whale Interest Intensifies

The JetBolt presale just hit an incredible new milestone! To date, it has created more than $3.3 million in positive revenue and been sold over 359 million JBOLT tokens. This increase is supported by growing whale accumulation and bullish momentum, highlighting the project’s attractiveness to early-stage investors. JetBolt is unique...

DeSoc's $10M Win: Is Social-DeFi the Future for XRP & AVAX Fans?

DeSoc's $10M Win: Is Social-DeFi the Future for XRP & AVAX Fans?

Therefore, investor interest is turning on its head. Today, the focus shifts to Decentralized Social (DeSoc) platforms, leaving established cryptocurrencies such as XRP and AVAX behind. This change demonstrates the increasing attractiveness of social-DeFi utility, which we believe can transform social media as we know it. DeSoc platforms offer a...

Treehouse (TREE) Lands on Binance Alpha: What You Need to Know

Treehouse (TREE) Lands on Binance Alpha: What You Need to Know

As you know, the blockchain and cryptocurrency space moves lightning fast with new projects and opportunities coming up every second. One such event taking the attention of the crypto community by storm is the recent listing of Treehouse (TREE) on Binance Alpha. This article, originally published on BlockchainShock.com, provides an...

Treehouse Eyes Binance Alpha Listing Amid Community Support

Treehouse Eyes Binance Alpha Listing Amid Community Support

Treehouse (TREE) is rumored to be listed on Binance Alpha on July 29. This great development is the result of an announcement on July 25 by the route’s advocates. This listing highlights Treehouse's alignment with emerging blockchain trends and its robust community backing, both key criteria for Binance Alpha's project...

G Coin Hits 1M Daily Transactions: Utility Token Triumphs!

G Coin Hits 1M Daily Transactions: Utility Token Triumphs!

The crypto ecosystem is fluid, with new tokens and blockchain networks launching every day. Amidst the noise, G Coin has quietly achieved a significant milestone: consistently exceeding 1 million daily on-chain transactions. This new milestone means much more than the sum of its parts. It’s a considerable triumph for utility-driven...