August Started Fast: Millions of Tokens Will Be Burned!

many in august altcoin Seems like it started pretty fast. Many altcoins that want to increase their price by shrinking their total supply will carry out token burns. In addition, some altcoins will experience the excitement of being listed. Here are the major events that will take place for altcoins on August 1, 2022.

  • Subme (SUB)Since the beginning of 2022, it has been holding a $SUB token burn event at the start of each month. As it is the beginning of the new month, millions will be burned.
  • Kadena (KDA) has announced that it will launch the Kaddex V1.
  • WeWay (WWY) also announced the launch of Staking V2.0. The staking in question will offer double rewards and will not need any lock-in period.
  • Prom (PROM), on the other hand, was among those who were excited to be listed. Huobi Global It will list the PROM/USDT pair today.
  • ZAT Project (ZPRO) announced that it will burn 3 million tokens. That’s 3% of the total supply.
  • Wing Finance (WING) has announced that it will update the flash pool. With the new update, changes will be made to the WING distribution mechanism.
  • SOMESING (SSX) will be listed by XT.COM with SSX/USDT parity.
  • Floki Inu (FLOKI)will meet with its community and hold a question-and-answer event on Telegram.
  • DW DAO (SWD) announced that they have completed their “white label” solutions and will be activated today.

You can follow the current price action here.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, KoinFinans and the author of this content cannot be held responsible for personal investment decisions.

previous newsBurn Rate Increased by 130% in Meme Coin: Does It Affect the Price?

A ‘sociologist’ interested in politics, economics, immigration. My interest in cryptocurrencies first led me to KoinFinans and then to academic studies.

source site-6