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Price
0.0169283 USD
% Change
5.83%
Market Cap
1.99M USD
Volume
36.5K USD
Circulating Supply
117M
405% from all time low
1760% to all time high
250% from all time low
1011% to all time high
47% are in circulation
Circulating Supply
117,860,866
Max Supply
250,000,000

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
87.88%
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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