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Price
1.01 USD
% Change
4.55%
Market Cap
57.5M USD
Volume
2.26M USD
Circulating Supply
56.8M
LimeWire Token to Hold Token Burn on November 15th
LimeWire Token is set to conduct its first token burn event on November 15th. This will be the first of six identical token burn events that will take place over the following months.
Each month, a total of 27,500,000 LMWR tokens will be burned. This includes 5,833,333 tokens from the Advisory Pool and 21,666,666 tokens from the Artist Fund. The final token burn event is scheduled to take place on April 15th, 2024.
Event date: November 15, 2023 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.
LimeWire
@limewire
@limewire
🧵🔥Announcing the 1st $LMWR burn program
Today, we are announcing the first $LMWR burn program, our plan to burn 165 million LimeWire tokens over the coming 6 months - representing 17.5% of the total supply.
All details here: https://blog.limewire.com/announcing-the-first-lmwr-burn-program/ https://twitter.com/limewire/status/1724456721614012918/photo/1
Today, we are announcing the first $LMWR burn program, our plan to burn 165 million LimeWire tokens over the coming 6 months - representing 17.5% of the total supply.
All details here: https://blog.limewire.com/announcing-the-first-lmwr-burn-program/ https://twitter.com/limewire/status/1724456721614012918/photo/1
LMWR Price Changes After Event Publication
10.54%
1 day
3.66%
2 days
450.52%
Now (Added 5 months ago)
The event is about to begin
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Added by
Alika
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