CoinEx, a global and professional cryptocurrency exchange service provider, announced that it has finished a historic burn of 1.08 billion locked CoinEx Token (CET) allocated to the CoinEx team for team building and market development at one time. This CET token burn is the highest one ever carried out by the exchange.
After this burn, the total circulation is 4.34 billion CET, with a market capitalisation of approximately 113 million USD. At present, the amount of CET automatically repurchased by CoinEx each day far exceeds the mining output of CoinEx Chain. CET token has officially entered absolute deflation and became a fully circulating platform token. Through this initiative, CoinEx provides CET holders with greater long-term value.
CoinEx Pioneers Daily Repurchase Mechanism
Copying/Pasting full or partial texts with adding very little original content are frowned upon by the community. Repeated copy/paste posts could be considered spam. Spam is discouraged by the community and may result in the account being Blacklisted.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit