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shiba inu burn mechanism

What Is the Shiba Inu Coin Burn Mechanism?

Many coins have burning mechanisms. In other words, they take coins out of circulation. Coins with infinite supplies have this, like Ethereum. This makes...
Massive 9 Million CAKE Burn Event

Massive 9 Million CAKE Burn Event

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This action is a deflationary strategy to cut supply and possibly boost remaining token values. The burned CAKE tokens came from multiple sources, showcasing the...
$10M Burned by Mistake: The $SLERF Token Presale Failure

$10M Burned by Mistake: The $SLERF Token Presale Failure

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Presale investors sent funds hoping to secure $SLERF, but their money vanished in a major presale mistake. This marked a catastrophic event in the...
PaLM AI Unleash NFT Innovation, Token Burn & Gemini 1.5 Pro

PaLM AI Unleash NFT Innovation, Token Burn & Gemini 1.5 Pro

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PaLM AI is at the forefront of integrating artificial intelligence into the blockchain space. Specializing in creating innovative solutions for digital content creation. This...
$WEN Burns 40.7% of Tokens, Boosting Value and Trust

$WEN Burns 40.7% of Tokens, Boosting Value and Trust

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This decision comes in the wake of the airdrop event, where only 59.3% of the eligible recipients claimed their $WEN tokens. The burning of...
PancakeSwap Token Burn Event

PancakeSwap Token Burn Event

Decentralized exchange platform PancakeSwap recently completed yet another token burn event. According to a tweet by PancakeSwap, 6,898,491 $CAKE, which is worth about $23 million,...
Binance Has Launched BNB Auto-Burn

Binance Has Launched BNB Auto-Burn

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Binance, the world's largest crypto exchange, has announced that it is going to replace its current quarterly burn mechanism with a new Binance Coin...
Theta 3.0 Introduces TFuel Burning After Mainnet Launch

Theta 3.0 Introduces TFuel Burning After Mainnet Launch

Decentralized content delivery platform, Theta, has introduced a new mechanism for burning its TFuel tokens following last week’s version 3.0 launch to mainnet. Theta mainnet...
25 Rising AI Gems with Potential for 10x Growth - Part 2

25 Rising AI Gems with Potential for 10x Growth – Part 2

This is Part 2 of a 2-part series on rising AI gems. We covered 12 projects in Part 1, with market caps ranging between...
Revolutionizing Web3 Education: Meet Edu3Labs

Revolutionizing Web3 Education: Meet Edu3Labs

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Online learning is the fastest-growing segment of education. Since its creation in 2000, it’s grown by 900%. Not a lot of colleges and universities...