Solana-based memecoin BONK dropped back after jumping in excess of 20% earlier this week, but remains in bullish mode amid increased trader …
Burn
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Markets
Shiba Inu Price Sell-Off Continues as SHIB Burn Rate Skyrockets to 112,000%
by shayaanby shayaanShiba inu’s (SHIB) supply-side dynamics are screaming bullish, yet the second-largest joke cryptocurrency by market value trades under pressure. Early this week, …
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DeFi
Top DeFi Projects Burn $5.48M ETH Past Week, Led by Uniswap, MetaMask, 1inch & Others
by shayaanby shayaanDeFi projects continue to play crucial roles in the Ethereum ecosystem. This is evident through the significant fee burning that major DeFi …
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Bitcoin and AI tokens were beaten by Ethereum, which had a 46% monthly gain, beating all other major crypto sectors. ETH fee …
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Mining
Marathon Digital Downgraded to Sell at Compass Point, Citing Unsustainable Cash Burn
by shayaanby shayaanInvestment bank Compass Point downgraded MARA Holdings (MARA) to a sell rating from neutral on Tuesday, citing unsustainable cash burn. “There’s better …
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Analysis
MANTRA CEO initiates burn of 150M OM allocation, aims to bring total burn to 300M tokens
by shayaanby shayaanMANTRA founder and CEO John Patrick Mullin has initiated the burn of his full 150 million OM token allocation, following through on …
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Real-world asset project Mantra plans to create a comprehensive burn program for its OM token, CEO John Mullin said in an X …
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The co-founder and CEO of Mantra has pledged to burn all of his allocated “team tokens” in a bid to restore faith …
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Markets
Mantra CEO Plans To Burn Tokens After $5.5B Crash To Rebuild Community Trust
by shayaanby shayaanMantra CEO John Mullin has recently announced plans to burn all the team-held tokens to rebuild trust with the community after the …
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Analysis
Mantra CEO vows token burn to regain investor trust after OM collapse
by shayaanby shayaanMantra CEO John Patrick Mullin has proposed burning his allocation of OM tokens in a move aimed at restoring investor confidence after …