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Price
14.41 USD
% Change
3.98%
Market Cap
1.4B USD
Volume
126M USD
Circulating Supply
97.7M
Injective Protocol INJ: Token Burn
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
@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
79.23%
Now (Added 3 years ago)
The event is about to begin
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Dec 15 18:11 (UTC)
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