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Ethereum (ETH)
How $5.1 billion in Eth was burned to reduce its supply
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[QUOTE="Suba, post: 220708, member: 3658"] Thanks for sharing sis, actually burning crypto can be done by anyone, but usually developers coordinate the burning of cryptocurrencies like Ether whose circulating supply has exceeded what they wanted. If Ether is burned, the developer will ask for donations to whales including crypto exchanges, as well as to anyone who will donate their Ether. Burning cryto is not a loss, although in terms of quantity the amount of Ether they have decreases but after a few days of burning the price increases, so that if the value of the Ether they have is converted to USD then the value will not differ much from what they had originally. [/QUOTE]
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How $5.1 billion in Eth was burned to reduce its supply
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