PARSIQ PRQ: Token Burn

Name: Token Burn
Start: 2021-06-17T00:00:00Z
End: 2021-06-18T00:00:00Z

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Event date: June 17, 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.

PARSIQ
@parsiq_net

Today is finally the day we burned 189 million PRQ tokens, worth over $150M USD. We do this as part of a promise to our community to burn the unsold PRQ from our tokensale and over half of our Team and Advisory tokens, from our rebalancing event. blog.parsiq.net

PRQ Price Changes After Event Publication

PRQ Events on the Chart

1.10%

1 hour

1.50%

3 hours

13.04%

1 day

16.76%

2 days

99.96%

Now (Added 5 years ago)