IoTeX
IOTX
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Price
0.04193289 USD
% Change
3.27%
Market Cap
395M USD
Volume
28M USD
Circulating Supply
9.44B
IoTeX IOTX: Coin Burn
Event date: December 22, 2020 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.
Burn-Drop Phase 2 starts December 22! 🔥💧
In Phase 2, 90 Million $IOTX will be burned and $80,000 worth of $BTC + $IOTX will be dropped to eligible stakers.
Burn-Drop makes $IOTX a deflationary token with every new IoTeX device -- follow along at: iott.network
IOTX Price Changes After Event Publication
0.33%
1 hour
2.54%
3 hours
10.56%
1 day
8.54%
2 days
492.01%
Now (Added 3 years ago)
The event is about to begin
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