Azbit AZ: Coin Burn
Event date: February 17, 2020 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.
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The 2nd AZ burn is scheduled for February 17, 2020.
Reference: the 1st burn destroyed 252,471,113.6 Azbit tokens.
#Azbit team will continue to destroy tokens from the project's profit until AZ number is reduced to 13,888,888,888 (i.e. 10% of the initial supply).
AZ Price Changes After Event Publication
2.91%
1 day
4.12%
2 days
53.41%
Now (Added 4 years ago)
The event is about to begin
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