According to EmberCN on Twitter, OKX has executed its 28th on-chain OKB token burn in the past half hour, removing 42.44 million OKB from circulation. The cumulative effect of these burns has retired 213 million OKB, accounting for 71.2% of the total OKB supply (300 million). This significant reduction in circulating supply could contribute to increased scarcity, potentially supporting OKB price action and trader sentiment. Such large-scale burns are closely monitored by crypto traders seeking deflationary token models and may influence price volatility and liquidity on exchanges. (Source: EmberCN Twitter, June 19, 2025)

According to KookCapitalLLC on Twitter, DOOQ has burned 35% of its total token supply and locked an additional 15% for one year on Streamflow, significantly reducing circulating supply. This deflationary action is regarded as bullish for price action, as scarcity may drive demand among traders. Furthermore, DOOQ is currently the top-performing token on the Boop Launchpad, highlighting strong initial investor interest and trading volume. These supply-side measures and launchpad performance are critical for traders monitoring potential price volatility and liquidity (Source: @KookCapitalLLC, May 2, 2025).