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Cake Monster MONSTA: Token Burn

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It’s hard to believe that in a few days (June 19) MONSTA will be celebrating his very first birthday! Get ready to dust off your party hats, because in true MONSTA fashion, we’ll be busting out all the stops of our crazy journey in a grandiose birthday burn-themed extra-long celebration, containing multiple events stretched over several days!

Event date: June 19, 2022 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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