Avalon Labs Burns 80 Million AVL Tokens to Kick Off Deflationary Phase

Avalon Labs Burns 80 Million AVL Tokens to Kick Off Deflationary Phase

Avalon Labs has permanently burned 80 million AVL

$AVL Token Soars 21% After Major Burn: Avalon Labs Reshapes Its Ecosystem

In a sensational shift that rocked the crypto markets, Avalon Labs’ home token, $AVL, blasted off and shot up 21% following the declaration of a colossal token melt. The blockchain-borne financial services platform assured us that it had eternally deleted 80 million $AVL tokens from nature’s circulating supply, and the crypto community seems to have taken this as a sign that confidence and interest in the project has renewed. The whole thing loo…

Avalon Labs Burns 80M AVL Tokens, Alters Supply - Blockchain & Cryptocurrencies Tabloid

Avalon Labs eliminates 80M AVL tokens, reducing circulating supply by 44%, igniting market interest. The post Avalon Labs Burns 80M AVL Tokens, Alters Supply appeared first on Blockchain & Cryptocurrencies Tabloid.

Avalon Labs Burns 80 Million AVL Tokens to Kick Off Deflationary Phase – News Bytes Bitcoin News

Avalon Labs has permanently burned 80 million AVL tokens, accounting for 44% of the circulating supply. According to an X post, the tokens, worth approximately $16 million, were unclaimed from the platform’s March 2024 airdrop campaign, which saw $20 million worth of AVL claimed by over 100,000 users. This major burn marks the start of […]

Avalon Labs Reduces AVL Token Supply By 44% Through Strategic Burn

Avalon Labs has burned 80 million AVL tokens and reduced the total supply by almost half to boost the token’s value. AVL’s price rose by 18% right after the burn, and the coin quickly got the highest volume on Bybit’s futures market. With a credit line and financial support from institutions, the company is developing more financial products and DeFi services. A top innovator in Bitcoin-built financial solutions, Avalon Labs, has burned a tota…

Avalon Labs announce token burn of 80M AVL tokens

Avalon Labs has announced burn of whopping 80 million AVL tokens that amount to 44-percent of total circulating supply. These tokens are part of the unclaimed airdrop that was launched last year.  Avalon Labs is a bitcoin financial services platform that completed its strategic funding round, primarily funded by YZi labs. So, yes, 44% of […] The post Avalon Labs announce token burn of 80M AVL tokens appeared first on CryptoCoinDaddy.