According to Ai 姨, a donation address has burned 18 million Mubarakah tokens worth $358,000. The Memecoin holdings with asset values exceeding $100,000 have been entirely burned, reducing the total asset value to $1.54 million.

According to EmberCN, CZ recently completed a burn of 18 million Mubarakah tokens, which represents 18% of the total supply and is valued at $350,000. This significant reduction in token supply could potentially lead to an increase in token value due to scarcity, a factor traders should monitor closely.