Huobi, in the first quarter of 2023 827 thousand 226piece Huobi Token (HT)announced that he was burned.
The stock market, which shares the statistics of token burning transactions in the last quarter, Huobi Tokenin total since its launch. 300 million HTHe declared that he was burned.
Token Burn on Binance and MEXC
Blockchain journalist Colin WuAccording to these metrics, Huobi exchange had a net income of approximately $16.5 million in the first quarter of 2023.
Considering Justin Sun’s previous statements, the exchange says the cryptocurrency company’s revenue is only 11 percent may be responsible for Himself Huobinamed consultant of Tronfounder Justin Sun, 2022since the last quarter of HT holding. Sun, we passed Octoberlarge amounts of increase in HTannounced his purchase.
Total supply 203,980,445the one which… Huobi Token (HT),With these afterburning processes, the circulating supply 162.233.844 HTfell to.
Besides Huobi, other crypto exchanges also held token burning events. MEXC Global 2.1 million MX tokenswhile burning, Binancemore than 2 million BNB tokenHe destroyed it.
