Plian PI: Coin Burn

Name: Coin Burn
Start: 2020-08-15T00:00:00Z
End: 2020-08-16T00:00:00Z

493

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Event date: August 15, 2020 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.

PCHAIN
@pchain_org

As part of #PCHAIN 2.0 The team has decided to #burn a max of 500m PI from the Team and Foundation #wallets to facilitate the growth of the ecosystem. We will burn 50m PI each month until the max of 500m PI is reached or until the $PI price reflects the fundamentals of PCHAIN 2.0

PI Price Changes After Event Publication

PI Events on the Chart

3.98%

1 hour

5.13%

3 hours

12.75%

1 day

13.40%

2 days

96.34%

Now (Added 5 years ago)