KuCoin KCS: Token Burn

Name: Token Burn
Start: 2021-06-22T00:00:00Z
End: 2021-06-23T00:00:00Z

590

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292

Event date: June 22, 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.

KUCOIN
@kucoincom

🔥🔥 18th $KCS Burn Complete 🔥🔥 KCS team has executed the 683,621 $KCS burn for May 2021. The estimated burning amount is 5,772,903 $USDT, which is 10% of the May income of #KuCoin. 🔥 Burn Txid: etherscan.io Details: www.kucoin.com

KCS Price Changes After Event Publication

KCS Events on the Chart

3.56%

1 hour

7.28%

3 hours

14.40%

1 day

13.59%

2 days

9.55%

Now (Added 4 years ago)