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Showing posts with the label token burn

Top-50 Altcoin Explodes 115% in Under 48 Hours Amid Plans for Massive Token Burn and Blockchain Upgrades

New data reveals that one top-50 altcoin has surged by over 100% in under two days after announcing upgrades to its blockchain as well as a token burn. In a new announcement, the crypto exchange platform OKX (OKB) – which has been collaborating with layer-2 scaling solution Polygon (POL) since 2023 – completed its update earlier this month, upgrading the blockchain’s throughput and security while reducing its fees. “Facing the continuous expansion of the decentralized world, OKX has made the strategic decision to upgrade X Layer and build it into a leading public network with a dedicated focus on DeFi (decentralized finance), payments, and real-world asset (RWA) applications… Following Polygon’s strategic adjustments to the Polygon technology stack, X Layer has fully integrated the latest version of Polygon CDK (formerly zkEVM) and completed the ‘PP upgrade’ on August 5, 2025.” OKX also says that it’s planning on burning...

How a Single Burn Sparked a Frenzy: $FUN Skyrockets Towards 500% After 25 Million Tokens Burn

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Shiba Inu: Here's How To Become A Millionaire With SHIB By 2028

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Shiba Inu (SHIB) is among the most successful crypto projects. SHIB’s price rallied by many million percent during the 2021 bull run. The asset has turned several early investors into multi-millionaires. The rags-to-rices stories around SHIB have solidified its status as a “millionaire-maker.” Also Read: OKX Europe Expansion With MiCA License: Free Euro Transactions & 300+ Trading Pairs How To Become A Millionaire With Shiba Inu By 2028 Source: Watcher Guru According to Changelly, SHIB could hit a maximum price of $0.000179982 in 2028. To have a million dollars worth of SHIB at $0.000179982 per coin, you will need about 5,556,111,166.67 (5.5 billion) coins. The price of 5.5 billion SHIB right now is about $85,397.43. In this scenario, your portfolio will grow by about 1071%. Source: Changelly Also Read: GTA 6 Price: Will It Be The Most Expensive Game To Play? Telegaon analysts are more bullish on Shiba Inu (SHIB). The platform anticipates the asset to hit a maximum pri...

Bonk Price Drops 7% Even After The BURNmas Removes $51 Million Worth Of Tokens From Circulation

The BONK price declined by 7% in the last 24 hours despite the BURNmas event removing $51 million worth of coins from circulation. Bonk’s team had initially promised to execute the burn on Christmas Day but delayed it until Dec. 26. Despite a token burn event that removed 1.69 trillion BONK tokens worth over $51 million out of circulation, the Solana-based meme coin Bonk couldn’t get out of the broader crypto slump. A token-burning event, “BURNmas,” was announced in late November, aiming to burn 1 trillion tokens. The team behind this doge-themed coin proposed to burn 1,000 BONK for every X post with the hashtag #LetsBONK and 10,000 BONK for each new follower on Instagram and TikTok. The target was eventually surpassed, and BonkDAO members approved an updated proposal to burn 1.69 trillion BONK tokens on Dec. 26 at 5:40 PM UTC. The burned tokens represent 1.85% of the 90.97 trillion BONK tokens currently circulating, down from 100 trillion, according to CoinGe...