Azbit AZ: Coin Burn
The team will continue to burn native coins based on profit until AZ number is reduced to 10% of the initial supply. Weekly token destruction is carried out to increase the value of existing AZ.
Event date: May 4, 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.
AZ Price Changes After Event Publication
0.60%
1 hour
7.20%
3 hours
17.30%
1 day
17.40%
2 days
43.60%
Now (Added 3 years ago)
The event is about to begin
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Azbit
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