Token Burn
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Uniswap's token burn, protocol fee proposal backed overwhelmingly by voters
Yahoo Finance· 2025-12-26 11:01
Uniswap Labs' and Uniswap Foundation's "UNIfication" proposal to activate protocol fees for the largest decentralized exchange in crypto and burn millions of UNI received overwhelming support from voters, transforming the token from a purely governance mechanism into a value-accruing asset. The proposal received more than 125 million votes in support over the five days of voting with just 742 dissenting. Uniswap sees an average of about $2 billion a day in trading volume and generates an annualized $600 ...
Hyperliquid Is Burning $1Bn In HYPE Tokens: But Is It Enough?
Yahoo Finance· 2025-12-19 22:27
The Hyperliquid Foundation is moving to permanently remove roughly $1 billion worth of its HYPE tokens from supply. This bold action comes as the token’s price slides to seven-month lows, struggling against a wave of doubt. The burn is a direct answer to fierce competition from newer platforms that are attracting traders with aggressive reward campaigns. What Does This Token Burn Actually Mean? First, let’s quickly define our terms. Hyperliquid is a major decentralized exchange (DEX) for navigating mark ...
X @CoinMarketCap
CoinMarketCap· 2025-12-17 14:22
HOT TOPIC 🔥Hyperliquid just proposed a 37M $HYPE token burn, potentially removing ~13% of supply. Validators are voting and the community is split on what this means for $HYPE price targets next.The debate just went live on CMC! Check the takes and drop yours 👇 https://t.co/E8TYNp9pVx ...
X @🚨BSC Gems Alert🚨
🚨BSC Gems Alert🚨· 2025-11-07 17:22
The 13% $SANTA burn can happen any second from now and this is the moment everyone’s been waiting for. The biggest burn in Christmas crypto history is finally here, and it’s about to change the whole supply forever.We’re talking about 21 million tokens being removed from circulation instantly making every holder’s bag rarer and more valuable. The chart already looks ready for a breakout, and when the burn hits, it could explode fast.This is the best time to load up before the wave starts. December is coming ...
BNB Holds Firm Above $950 as Traders Defend Key Support Level During Market Decline
Yahoo Finance· 2025-11-05 15:15
BNB Chain’s native token, BNB, held steady above $950 after dropping 0.6% in 24 hours. The token last traded at $952, showing resilience in the face of wider market volatility; the CoinDesk 20 (CD20) index fell 1.6% in the same period. After opening at $957.70, BNB dipped to a low of $891.84 before recovering. Buyers stepped in at the $940 support level, an area that had been tested repeatedly during recent price swings according to CoinDesk Research's technical analysis data model. The recovery suggests ...
BNB Slips 2.7% As Traders Focus on Technicals During Crypto Market Drawdown
Yahoo Finance· 2025-10-29 16:11
Core Insights - BNB's price decreased by 2.7% to $1,105 following the largest quarterly token burn in U.S. dollar terms, which was expected to support the price [1] - The overall crypto market experienced a decline of 1.8%, as indicated by the CoinDesk 20 index [2] - A significant volume surge occurred when the $1,128 support level failed, leading to a brief intraday low of $1,076 [2] Group 1 - BNB Chain executed a token burn of 1.44 million BNB, reducing the total supply to approximately 137.7 million [1] - The price rebound attempts were hindered near $1,110, creating a series of lower highs and reinforcing a bearish market structure [3] - The next major support level is identified at $1,076, with a need for a convincing break above $1,128 to shift market sentiment [3] Group 2 - Over 308,000 BNB were traded in a single hour, nearly three times the usual daily average, indicating heightened trading activity [2] - Short-term oversold conditions did not prevent the price decline, highlighting the current bearish momentum [3] - Technical cues are currently more influential than structural design in guiding trader reactions [3]
X @CoinGecko
CoinGecko· 2025-10-24 03:53
Source:clanker (@clankeronbase):some preliminary token burn stats on clankers:~$3.1 million usd in various clanker tokens burnt$QR with the most supply burnt at 6.7%, followed closely by $OPSYS, $CLANKFUN, and $RUNNER$BANKR w the highest total $ burnt at $910,400, next being about 300k of $CLANKER, ...