Solar SXP: Coin Burn

Name: Coin Burn
Start: 2021-08-01T00:00:00Z
End: 2021-09-01T00:00:00Z

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JL will burn 10M SXP (currently worth over $25 million) on August 2021 from the Founders unlock.

Event date: August 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.

SXP Price Changes After Event Publication

SXP Events on the Chart

2.22%

1 hour

4.00%

3 hours

9.78%

1 day

17.33%

2 days

99.92%

Now (Added 5 years ago)