Follow
Show Coin Info
Price
0.00960313 USD
% Change
4.89%
Market Cap
1.13M USD
Volume
2.16K USD
Circulating Supply
117M
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
93.13%
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)
✕
✕