🎉 #Gate xStocks Trading Share# Posting Event Is Ongoing!
📝 Share your trading experience on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 End at: July 9, 16:00 UTC
Show off your trading on Gate Squ
The Team of the Altcoin That Made a Name for Itself with Its Rise Burned 132 Million Dollar TOKEN! - Coin Bulletin
The Mantra DAO project team permanently burned 21.2 million OM tokens, removing them from circulation, and the total value of the burned OM tokens reached 524 million dollars.
According to data shared by the popular blockchain analytics company Arkham, at 17:47 today, approximately 21 million 229 thousand OM tokens were permanently removed from the market by being sent from the wallet address believed to belong to the Mantra DAO team, "0x63…4Ff2", to the burn address. The current market value of this transaction was approximately 132 million dollars.
With the OM token burnings carried out to date, approximately 84 million 19 thousand OM tokens have been burned in total. The market equivalent of this amount has reached a total of 524 million dollars. Thus, the Mantra DAO team has made a significant contribution to the strategy of protecting the value of the OM token by reducing the token supply.
According to CoinGecko data, Mantra made a name for itself in the market with an 11x increase over the course of a year.