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.
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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
33.48%
Now (Added 3 years ago)
The event is about to begin
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