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RooCoin ROO: Token Burn

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Event date: July 30, 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.

RooCoin
@RooCoin
To celebrate the launch of our exchange #ROOSWAP we are carrying out a manual burn! 20 million tokens will be burnt and reduce our total supply to 370 million. More burns planned throughout our roadmap, The burn takes place on the launch of #ROOSWAP #Crypto #Cryptocurrencies
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Added by Alika
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