CyberDEX
CYDX
Follow
Show Coin Info
Price
0.01240204 USD
% Change
6.03%
Market Cap
2.89M USD
Volume
5.6K USD
Circulating Supply
233M
CyberDEX to Hold Token Burn on November 1st
CyberDEX has announced a significant token burn scheduled for November 1st. The platform plans to permanently burn 200 million CYDX tokens, effectively reducing the circulating supply by 50%. The burn represents over $7 million worth of CYDX, which will be sent to a dead address, ensuring that these tokens are removed from circulation forever.
Event date: November 1, 2024 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.
Today we are announcing another huge $CYDX burn!
Circulating supply will be halved on november 1st,
200M $CYDX will be burned forever, reducing circ supply by -50%.
That's over 7,000,000 USD worth of $CYDX going into a dead address!
Circulating supply will be halved on november 1st,
200M $CYDX will be burned forever, reducing circ supply by -50%.
That's over 7,000,000 USD worth of $CYDX going into a dead address!
The event is about to begin
0
D
0
H
0
M
0
S
L
Added by
Leisan
✕
✕