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Price
13.53 USD
% Change
6.85%
Market Cap
1.32B USD
Volume
238M USD
Circulating Supply
97.7M
1958% from all time low
289% to all time high
14414% from all time low
243% to all time high

Injective Protocol INJ: Token Burn

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Event date: December 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.

Injective 🪐
@InjectiveLabs
The first ever $INJ burn is now complete 🔥 40,000 INJ were burned, meaning that INJ is now officially deflationary! An acquaintance at best, @BurntBanksy burned $362,865 in fake fiat today to celebrate the auction. Get ready for a burn every week. This is just the beginning.
INJ Price Changes After Event Publication
2.24%
1 hour
7.21%
3 hours
10.07%
1 day
8.71%
2 days
68.28%
Now (Added 3 years ago)
The event is about to begin
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Added by Alika
Dec 15 18:11 (UTC)
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