Beam Foundation: Burned 110 million BEAM on May 1st

TinTucBitcoinOfficial · 2025-05-04T11:00:48+00:00

The Beam Foundation burnt 113,957,240 BEAM tokens on May 1, reducing the total supply by 40.9%. This strategic move aims to optimize token supply and increase their value, impacting the cryptocurrency market.

TinTucBitcoinOfficial

2025-05-04 11:00:48

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Announcement from Beam Foundation: Burn BEAM Token

On May 4th, it was announced that the Beam Foundation had burned 113,957,240 BEAM Tokens on May 1st. This event resulted in a reduction of the total supply of BEAM Tokens by 40.9%.

Supply Optimization Strategy

The destruction of a large amount of Token is a common move in the cryptocurrency industry aimed at reducing the circulating supply and increasing the value of the remaining Tokens. It is part of a technical asset management strategy to create stability and increase value for the Holder.

Market Notice

This announcement focuses on providing market information and emphasizes that this is not investment advice. Investors need to conduct further research and exercise caution when making trading decisions in the volatile cryptocurrency market.

The Beam Foundation is taking important measures to shape the future of the BEAM Token. This Token burn event could lay the groundwork for changes in the cryptocurrency market and affect investment strategies in the near future.

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