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Price
0.054571 USD
% Change
0.19%
Market Cap
6.52M USD
Volume
259K USD
Circulating Supply
119M
1529% from all time low
477% to all time high
35% from all time low
240% 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
60.94%
Now (Added 10 months ago)
The event is about to begin
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