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MonetaryUnit MUE: Coins Burn

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Event date: November 19, 2017 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.

MonetaryUnit
@MonetaryUnit
Another $MUE burn of the swap pre-mine has removed a further 6 million $MUE from circulationhttps://t.co/zqrxgRFeU6
The remaining 5.9 million will be burnt in 7-10 days
The event is about to begin
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