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Price
0.0002448 USD
% Change
0.66%
Volume
15 USD

Liquid Collectibles LICO: Token Burn

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Event date: March 24, 2022 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.

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