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Time Details
2025-01-16
08:21
HTX Executes 9.98 Trillion $HTX Token Burn Worth $22.47 Million

According to EmberCN, HTX recently executed a token burn of 9.98 trillion $HTX, valued at $22.47 million, as part of their 2024 Q4 strategy. This brings the total $HTX burned and donated for liquidity in 2024 to 49.63 trillion, approximately 5% of the total supply of 999.99 trillion. The deflationary measure at this scale suggests a 5% annual decrease in supply, which could enhance the token's value by linking platform growth with $HTX price increases, as faster burns indicate improved platform performance and lead to quicker deflation and potential price appreciation. (Source: EmberCN)

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