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$RITE climbs 27% after Unveiling ritestream's Token Burn Mechanism
$RITE, utility token powering the ecosystem of ritestream, a platform for content lovers & creators, is up over 27% in the past 24hours, & now trades around $0.0589614, with inflow of $244.96k, as per Gate.io chart.
This follows the thrilling announcement of the groundbreaking ritestream's token-burning mechanism, set to be a core feature across the five pillars of the ecosystem. The ritestream blockchain is implementing a burn mechanism, permanently removing $RITE tokens from circulation, reducing supply for every transaction within the entire ritestream ecosystem, & enhancing value for holders.