BTC $88,251.00 (+0.26%)

ETH $2,980.72 (-0.37%)

BNB $852.52 (-0.74%)

XRP $1.92 (+0.69%)

SOL $126.15 (-0.49%)

TRX $0.28 (+0.01%)

DOGE $0.13 (-0.57%)

ADA $0.38 (-0.93%)

BCH $594.85 (-4.29%)

LINK $12.58 (-0.32%)

XMR $458.32 (+4.90%)

LEO $8.37 (+7.53%)

ZEC $451.27 (-0.25%)

XLM $0.22 (-0.92%)

HYPE $25.13 (+1.64%)

LTC $77.34 (-0.49%)

SUI $1.46 (-1.92%)

AVAX $12.26 (-0.61%)

HBAR $0.11 (-0.01%)

SHIB $0.00 (-2.37%)

BTC $88,251.00 (+0.26%)

ETH $2,980.72 (-0.37%)

BNB $852.52 (-0.74%)

XRP $1.92 (+0.69%)

SOL $126.15 (-0.49%)

TRX $0.28 (+0.01%)

DOGE $0.13 (-0.57%)

ADA $0.38 (-0.93%)

BCH $594.85 (-4.29%)

LINK $12.58 (-0.32%)

XMR $458.32 (+4.90%)

LEO $8.37 (+7.53%)

ZEC $451.27 (-0.25%)

XLM $0.22 (-0.92%)

HYPE $25.13 (+1.64%)

LTC $77.34 (-0.49%)

SUI $1.46 (-1.92%)

AVAX $12.26 (-0.61%)

HBAR $0.11 (-0.01%)

SHIB $0.00 (-2.37%)

Burned

A coin or a token is Burned when it is no longer possible to spend or use. A coin burn or token burn is a method of distributed consensus. The coin miners send the coins to be burned to a nonspendable address, also known as an “eater address”. The reason for doing so is that the more coins a miner burns, the more likely it is that he/she will be permitted to mine the next block.