Simon's Cat destroyed approximately 24 million US dollars worth of CAT this morning, accounting for 10% of the CAT circulation
The Meme coin project Simon's Cat announced this morning that it has burned 900 billion CAT tokens, worth approximately $24 million, through Floki's FlokiFi Locker protocol.
This burn action permanently removed 10% of the CAT token supply from circulation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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