EthBurn (BURNING)
Details about EthBurn cryptocurrency
€36
1,000,000
1
Unknown
EthBurn price charts
BURNING exchanges
EthBurn, the crypto
EthBurn (BURNING) is a deflationary token on the Ethereum blockchain that is designed to reduce the total supply of tokens over time through a process called token burning.
The point
The main point of EthBurn (BURNING) is to create a self-sustaining ecosystem that rewards long-term holders by reducing the available supply of tokens over time. This deflationary mechanism is intended to increase the token's value and make it a more attractive investment opportunity.
The problem
EthBurn (BURNING) aims to address the issue of inflation in the cryptocurrency market. By reducing the total supply of tokens over time, EthBurn (BURNING) provides a mechanism for maintaining the value of the token even as new tokens are issued. This deflationary mechanism is intended to incentivize holders to hold onto their tokens for longer periods of time, while also reducing the risk of price fluctuations caused by sudden increases in token supply.
Compare BURNING and BTC performance
Timeframe | BURNING | BTC |
---|---|---|
1h change | 0 % | -0.0119024 % |
24h change | 0 % | 1.79811 % |
7 day change | -4.13 % | 8.72443 % |
14 day change | -4.13 % | -0.0693648 % |
30 day change | -17.67 % | 24.6776 % |
200 day change | -76.72 % | 171.948 % |
Year change | 0 % | 160.369 % |