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Price
0.01617501 USD
% Change
4.93%
Market Cap
1.91M USD
Volume
36.3K USD
Circulating Supply
118M
383% from all time low
1846% to all time high
-2% from all time low
1057% to all time high

Areon Network to Hold Token Burn on March 4th

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Areon Network will be burning an extra 1 million AREA tokens from circulation on March 4th.

Event date: March 4, 2024 UTC

What is coin (token) burn?

A coin (token) burn is a process of sending a certain amount of cryptocurrency to a public address that has unobtainable private keys. In the future, the sent coins cannot be spent, thus the coin burn leads to an overall decrease in the cryptocurrency circulating supply.

Areon Network
@areonnetwork
🔥 $AREA Burn 🔥

Since the launch of mainnet 300,232 $AREA were burned for validator fees.

TX ID: https://areonscan.com/transactions/0xc6a4bcd1aaa6f95537aef42cafaa90e9b983c4a3695fcccfd516403eafa27b87

Additionally, Areon team burns an extra 1 Million $AREA from the circulation within 3 days in total to support the deflationary approach.

Blocks in…
AREA Price Changes After Event Publication
4.74%
1 day
8.80%
2 days
88.42%
Now (Added 1 year ago)
The event is about to begin
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Added by Alika
Mar 1 17:25 (UTC)
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