Whales Market
WHALES
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Price
0.210821 USD
% Change
13.28%
Market Cap
5.48M USD
Volume
513K USD
Circulating Supply
26M
Whales Market to Hold Token Burn on March 15th
Whales Market has announced the initiation of a monthly burn of up to 1% of the supply of unused incentive tokens. This action is in accordance with their initial tokenomics blueprint. The burn process has started on March 15th.
Event date: March 15, 2024 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.
1/ Announcement: $WHALES burn 🔥
In line with our initial tokenomics blueprint, we are initiating a monthly burn of up to 1% of the supply of unused incentive tokens, starting today.
1,006,112 $WHALES (≈$2,464,974) has just now been burned.
https://explorer.solana.com/tx/4h6ZNLwaDTdJwjRaiYBx1pKZqcWupbbPsSp7HFJdkXQa62zKiKkz15kxiLLfZmMLeYe9UbBq7AqESW7Uy2G2tTSG
In line with our initial tokenomics blueprint, we are initiating a monthly burn of up to 1% of the supply of unused incentive tokens, starting today.
1,006,112 $WHALES (≈$2,464,974) has just now been burned.
https://explorer.solana.com/tx/4h6ZNLwaDTdJwjRaiYBx1pKZqcWupbbPsSp7HFJdkXQa62zKiKkz15kxiLLfZmMLeYe9UbBq7AqESW7Uy2G2tTSG
WHALES Price Changes After Event Publication
9.52%
1 day
8.23%
2 days
90.87%
Now (Added 8 months ago)
The event is about to begin
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Added by
Alika
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