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Ethereum?s significant $7M burn; new memecoin identified as promising Dogecoin contender
Posted on 02/04/2024
Ethereum, the second-largest cryptocurrency by market capitalization, recently made headlines with a significant burn of $7 million worth of Ether (ETH). This monumental burn, involving 3,219.96 Ether, underscores Ethereum’s transition towards becoming a deflationary currency. Let’s delve into the details of this burn and its implications for the Ethereum network. Understanding Ethereum’s burn mechanism The […]
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