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Meowl: Token Burn

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Meowl has announced that it will be burning 33.3% of its tokens, which equates to 5 million MEOWL, within the next 24 hours.

Event date: August 15 to 16, 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.

meowl
@meowlxyz
$MEOWL Update:

1. 33.3% of tokens (5M $MEOWL) will be burned within the next 24 hours.
2. Team vesting period will be extended by 1 year; linear revest after original term.

All details and clarification on tokenomics are highlighted in the article 👇
The event is about to begin
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