Azbit AZ: Coin Burn
The team removes AZ from circulation by repurchasing tokens from the open market on a daily basis. These tokens are burned twice a month, on 1st and 15th.
Event date: March 15, 2021 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.
Azbit has destroyed 35,864,453.767 #AZ in its 4th buy-back and burn.
AZ BURN STATS:
🔥 Azbit Exchange: 25,981,945.98 AZ
🔥 Hotbit Exchange: 6,355,739 AZ
🔥 Yobit Exchange: 3,526,768.787 AZ
✅ The next #tokenburn is scheduled for March 15, 2021.
AZ Price Changes After Event Publication
16.33%
1 hour
15.97%
3 hours
59.53%
1 day
50.45%
2 days
67.06%
Now (Added 3 years ago)
The event is about to begin
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Azbit
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