Celsius Network significantly increased the value of its ecosystem by burning a substantial amount of its CEL tokens on April 30. The burn involved 652.2 million CEL tokens, representing the majority of the token supply, which were transferred to a null address. This action reduced the total supply by 94%, from 692.8 million to 40.6 million CEL tokens, enhancing scarcity and the token's intrinsic value. The market value of the burned tokens was approximately $83.2 million based on prevailing rates. This move demonstrates Celsius Network's dedication to strengthening the CEL token's value and scarcity.
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GRAM
$1.35
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Mkt Cap $2.30T
BTC Dom 56.77 %
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$64,974.00
▲ +1.20%
ETH
$1,916.51
▲ +1.10%
USDT
$0.999525
▲ +0.00%
BNB
$593.26
▲ +0.30%
USDC
$0.999745
▲ +0.00%
XRP
$1.03
▲ +1.60%
SOL
$74.53
▲ +2.90%
TRX
$0.32732
▼ -0.10%
FIGR_HELOC
$1.02
▼ -1.20%
HYPE
$54.38
▼ -2.50%
DOGE
$0.070138
▲ +1.70%
USDS
$0.999948
▲ +0.00%
RAIN
$0.012705
▲ +1.20%
LEO
$9.71
▼ -0.40%
ZEC
$507.16
▲ +0.70%
ADA
$0.200976
▲ +0.90%
XMR
$380.42
▲ +3.40%
WBT
$56.20
▲ +1.10%
LINK
$8.27
▲ +1.90%
XLM
$0.163038
▲ +2.00%
DAI
$0.999981
▲ +0.00%
BCH
$216.01
▲ +1.80%
USD1
$0.999966
▲ +0.00%
USDE
$0.999716
▲ +0.00%
GRAM
$1.35
▲ +2.60%
BTC
$64,974.00
▲ +1.20%
ETH
$1,916.51
▲ +1.10%
USDT
$0.999525
▲ +0.00%
BNB
$593.26
▲ +0.30%
USDC
$0.999745
▲ +0.00%
XRP
$1.03
▲ +1.60%
SOL
$74.53
▲ +2.90%
TRX
$0.32732
▼ -0.10%
FIGR_HELOC
$1.02
▼ -1.20%
HYPE
$54.38
▼ -2.50%
DOGE
$0.070138
▲ +1.70%
USDS
$0.999948
▲ +0.00%
RAIN
$0.012705
▲ +1.20%
LEO
$9.71
▼ -0.40%
ZEC
$507.16
▲ +0.70%
ADA
$0.200976
▲ +0.90%
XMR
$380.42
▲ +3.40%
WBT
$56.20
▲ +1.10%
LINK
$8.27
▲ +1.90%
XLM
$0.163038
▲ +2.00%
DAI
$0.999981
▲ +0.00%
BCH
$216.01
▲ +1.80%
USD1
$0.999966
▲ +0.00%
USDE
$0.999716
▲ +0.00%
GRAM
$1.35
▲ +2.60%
Mkt Cap $2.30T
BTC Dom 56.77 %
BTC
$64,974.00
▲ +1.20%
ETH
$1,916.51
▲ +1.10%
USDT
$0.999525
▲ +0.00%
BNB
$593.26
▲ +0.30%
USDC
$0.999745
▲ +0.00%
XRP
$1.03
▲ +1.60%
SOL
$74.53
▲ +2.90%
TRX
$0.32732
▼ -0.10%
FIGR_HELOC
$1.02
▼ -1.20%
HYPE
$54.38
▼ -2.50%
DOGE
$0.070138
▲ +1.70%
USDS
$0.999948
▲ +0.00%
RAIN
$0.012705
▲ +1.20%
LEO
$9.71
▼ -0.40%
ZEC
$507.16
▲ +0.70%
ADA
$0.200976
▲ +0.90%
XMR
$380.42
▲ +3.40%
WBT
$56.20
▲ +1.10%
LINK
$8.27
▲ +1.90%
XLM
$0.163038
▲ +2.00%
DAI
$0.999981
▲ +0.00%
BCH
$216.01
▲ +1.80%
USD1
$0.999966
▲ +0.00%
USDE
$0.999716
▲ +0.00%
GRAM
$1.35
▲ +2.60%
