Azbit Azbit
AZ
57
Show Coin Info
Price
0.000007 USD
14840% from all time low
129314% to all time high
% Change
3.23%
Market Cap
?
Volume
815 USD
March 20, 2023

Azbit AZ: Token Burn

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Added 8 days ago
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Bug Report
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Token burn is carried out to support the price of the existing AZ. The team will eliminate tokens from circulation on a weekly basis until the number of AZ is reduced to 138,888,888 (i.e. 0.1% of the initial supply).

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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Added by Azbit
During the whole time of Azbit monitoring, 68 events were added:
60 token burns
6 releases
1 branding event
1 general event
March 27, 2023

Token Burn

Token burn is carried out to support the price of the existing AZ. The team will eliminate tokens from circulation on a weekly basis until t…

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