PancakeSwap CAKE: Token Burn

Name: Token Burn
Start: 2021-08-23T00:00:00Z
End: 2021-08-24T00:00:00Z

1020

Source

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233

Event date: August 23, 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.

PancakeSwap 🥞 #BSC
@pancakeswap

Round #2 of Farm Auctions burned 26,130 $CAKE (approx $570k), all of which will be added to the burn on Monday. Let’s burn more CAKE! 🔥🔥🔥🥞🥞🥞🥞

CAKE Price Changes After Event Publication

CAKE Events on the Chart

0.27%

1 hour

1.08%

3 hours

7.77%

1 day

9.94%

2 days