Tag: Burn

Crypto, News

$GROK Token Controversy That Resulted In More than 40% Loss In Value And The Counter-Action

Elon Musk’s Grok AI bot-inspired memecoin $GROK has turned into the focal point of a crypto controversy, shaking the cryptocurrency community as questions about its realness come up. Zachxbt raised concerns on X (formerly Twitter) on November 13, suggesting that Grok’s online presence may be a façade with assets repurposed […]

Crypto, News

Baby Doge Coin On Burning Frenzy, Over $387,953.63 Burned In The Last Month

Baby Doge Coin’s burning frenzy and deflationary design aim to create scarcity and potentially drive up its value over time. By burning a significant portion of their supply (approximately 49.146%), the cryptocurrency’s developers have demonstrated a commitment to reducing the total circulating coins, which could lead to increased demand and […]