Cryptocurrency Q&A
How much CRO will be burned?
How much CRO will be burned?
emma_grayson_journalist
Sun Aug 11 2024
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7 answers
1660
I'm curious, how much CRO is set to be burned in the upcoming token burn event? As a holder of CRO, I'm eager to understand the implications of this burn on the token's circulation and potential value. Could you elaborate on the specifics of the burn, including the total amount of CRO that will be removed from circulation and the expected timeline for the burn to take place? Additionally, what are the potential benefits and drawbacks of this burn for both investors and the Crypto.com ecosystem as a whole?
7 answers
Caterina
Tue Aug 13 2024
The cryptocurrency exchange has announced a major burn of CRO tokens, labeling it as the largest in history.
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BlockchainVisionary
Tue Aug 13 2024
The initial burn of 59.6 billion CRO will commence on Monday, marking a significant milestone in the token's history.
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Eleonora
Mon Aug 12 2024
Following the initial burn, the exchange plans to burn an additional 10.4 billion CRO tokens monthly.
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EmeraldPulse
Mon Aug 12 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services including spot trading, futures trading, and a wallet for storing digital assets.
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GangnamGlitz
Mon Aug 12 2024
These tokens will be released from smart contracts as they become unlocked, ensuring a steady supply reduction over time.
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