We burned over 150 million EXM. What happened.
07 Jul 2023, 10:40
We burned over 150 million EXM 🔥
What happened? 🤔
On 7th July 2023, we conducted the third-largest burn of our EXMO Coin (EXM) token.
How many EXM were burned? 🧐
We utilised 352,991 EXM received from EXMO Premium package sales and, additionally, 150 million unlocked EXM.
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!