We burned over 150 million EXM. What happened.

04 Jan 2023, 12:10

We burned over 150 million EXM 🔥 What happened? 🤔 On 4th January 2023, we conducted the second-largest burn of our EXMO Coin (EXM) token. How many EXM were burned? 🧐 We utilised 415,255 EXM received from EXMO Premium package sales and, additionally, 150 million unlocked EXM. We also transferred another 16 million unlocked tokens to our staking fund. And how many EXM are currently in circulation? 🤓 With the current EXM burn, the total supply of EXMO Coin decreased to 219,3 million. Why is all this necessary? 🤨 Each burning event reduces the number of tokens in circulation, thereby raising the token’s price, even when demand remains unchanged. So don’t forget to keep track of EXMO Coin’s performance!

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EXMO CoinEXM #1767

04 Jan 2023, 12:54

We burned over 150 million $EXM 🔥 We’ve conducted the second largest burn of ourEXMO Coin (EXM) token. On Tuesday, 4th January 2023, we burned 415,255 EXM worth $2,237,366. After burning, the total supply of EXMO Coin decreased to 219.3 million tokens.

We burned over 150 million $EXM. We've conducted the second largest burn of ourEXMO Coin (EXM) token.