Injective Protocol to Hold Token Burn on January 31st

Name: Token Burn
Start: 2024-01-31T13:00:00Z
End: 2024-02-01T13:00:00Z

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Injective Protocol will host the next token burn on January 31st at 1 pm UTC.

Event date: January 31, 2024 13:00 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 🥷
@Injective_

The Injective burn auction is growing at a lightning-fast rate, up 500% compared to just a few months ago

Soon, the amount of $INJ burned will reach $2 million in $INJ per month 🔥

As usual, the next burn is scheduled to happen on wednesday at 1pm UTC

INJ Price Changes After Event Publication

INJ Events on the Chart

4.35%

1 day

3.83%

2 days

86.87%

Now (Added 1 year ago)

The event is about to begin