Follow
Show Coin Info
Price
0.01800104 USD
% Change
0.34%
Market Cap
2.08M USD
Volume
68.6K USD
Circulating Supply
118M
Exclusive Crypto Bonuses & Cashbacks
Save 45% on Fees
Save 20% on Fees
Get Up to $1025
Save 20% on Fees
Save 20% on Fees
Areon Network to Hold Token Burn on March 4th
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
@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…
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
87.12%
Now (Added 1 year ago)
The event is about to begin
0
D
0
H
0
M
0
S
A
Mar 1 17:25 (UTC)
✕
✕