Burn

BONK Rallies 8% Ahead of Trillion-Token Burn Milestone

by

BONK recorded a notable 8.39% increase rising from $0.000028 to $0.000029, marking a continuation of the token’s bullish momentum following earlier rebounds, with a clearly defined structure of ascending lows consolidating around the $0.000027–$0.000028 range. As the token approached the psychologically significant $0.00003 resistance level, increased sell-side pressure materialized, capping further advances despite bullish fundamentals, … Read more

ICP Rises 5% as Token Burn, AI-Powered Development Tools Fuel Rally

by

Internet Computer Protocol's native token, ICP, advanced 5% to $5.57 over the last 24 hours, bolstered by a blend of strong technical structure and key fundamental upgrades. The token traded within a $0.36 bandwidth and found aggressive support near $5.21 during the 19:00 hour UTC on July 30, where volume spiked to 1.43 million tokens, … Read more

Linea to Burn ETH With Every Transaction in Bold L2 Upgrade

by

Linea, an Ethereum layer-2 network incubated by Consensys, has unveiled a comprehensive suite of upgrades designed to embed the network deeper into the layer 1’s economic and ideological fabric. Linea’s updated road map, expected to roll out in October 2025, introduces ETH-native staking on bridged assets, a protocol-level ETH burn mechanism, and the allocation of … Read more

BONK Drops 9% From Peak as Exchange Transfers Overwhelm Burn News

by

BONK experienced aggressive volatility over a 24-hour period to end the week, swinging 15% between $0.00003185 and $0.00003763. The Solana-based memecoin initially surged on the heels of a 500 billion token burn announcement before a Galaxy Digital-linked wallet moved $18.75 million worth of BONK to major crypto exchanges, triggering a 9% pullback in under an … Read more

BONK Gains Momentum as Institutions and Burn Narrative Align

by

BONK saw a 15% breakout, driven by a jump in trading activity and rising on-chain traction. With open interest increasing 9% and derivatives volume also higher, market participants are signaling increased conviction in the Solana-based meme token’s upside potential, according to CoinDesk Research’s technical analysis data model. Much of the excitement stems from BONK’s evolving … Read more

SHIB Gains 3% as Explosive Burn Rate Spurs Bullish Predictions

by

Shiba inu , the world’s second-largest meme token by market value, has gained over 3% in the past 24 hours, hitting a nearly seven-week high of $0.00001416 at one point, according to CoinDesk data. The move happened as market leader bitcoin topped $122,000 to set new lifetime highs, which galvanized momentum in the broader crypto … Read more

Why is BNB Up Today? $1B Token Burn and Corporate Treasury Plans Fuel Demand

by

BNB is edging closer to the $700 mark as traders responded to a fresh $1 billion token burn and growing interest in using the asset as a corporate treasury reserve. Over the last 24-hour period, BNB rose about 2.8%, from $670.40 to $688.7. Trading surged as the price moved up, amid a broader cryptocurrency market … Read more

ETF Hype and Token Burn Momentum Fuel 21% Surge

by

Solana-based memecoin BONK dropped back after jumping in excess of 20% earlier this week, but remains in bullish mode amid increased trader activity. BONK surged 21% in a 24-hour period into Thursday and positioned itself as the strongest performer among major cryptocurrencies. It was recently trading at $0.00001673, a 1.68% gain, with price action ranging … Read more