Due to 17 million transactions on November 16, more than 955,000 MATIC will be destroyed through EIP-1559
21.co analyst Tom Wan stated on social media that due to the 17 million transactions on November 16th, over 955,000 MATIC tokens will be burned through EIP-1559 (approximately $764,000). The amount burned is 7 times higher than the previous ATH burn and accounts for 3% of the total burn. So far, 27.4 million MATIC tokens have been burned.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x US: Trade to share 5,400,000 US
[Initial Listing] Bitget Will List Almanak (ALMANAK). Come and grab a share of 4,200,000 ALMANAK
[Initial listing] Bitget to list Cysic (CYS) in the Innovation zone
[Initial listing] Bitget to list Talus (US) in the Innovation and AI zone
Trending news
MoreCrypto prices
More
