$BURN is a deflationary token on the XRPL designed to reduce its own supply over time through manual and future automated burns. With an initial supply of 1 quadrillion, over 935.7 trillion tokens have already been burned, bringing the total supply down to 64.3 trillion. Unlike traditional tokens, $BURN does not rely on mining or staking; instead, it increases scarcity by permanently removing tokens from circulation. NFT sales on XRP Cafe contribute to buybacks and burns, reinforcing the token’s deflationary model. $BURN transactions settle in 3-5 seconds with minimal fees, benefiting from XRPL’s efficiency. Future developments include automated burn mechanisms, liquidity enhancements, and expanded ecosystem integration, ensuring long-term sustainability and deflationary impact.
Where is BURN available for purchase?
You can exchange $BURN tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading BURN is First Ledger, notably the $BURN/XRP pair, which saw a trading volume of $ 2,116.69 in the past day.
What is the highest value BURN ($BURN) has ever reached?
BURN ($BURN) reached its peak price at 0.071923 $ on 09 March 2025, approximately 6 months ago ago. Presently, the current price is -75.1% lower than this all-time high.
What is the historical minimum price for BURN ($BURN)?
The minimum price reached for BURN ($BURN) was 0.098067 $, documented on 26 February 2025, more than 7 months ago. In comparison, the current price is 493.71%, it above this historical low.
What is the fully diluted valuation of BURN ($BURN)?
The fully diluted valuation (FDV) of BURN ($BURN) stands at $ 333,284. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 1,000,000,000,000,000 $BURN tokens. The realization of this FDV might take several years depending on the emission schedule of $BURN tokens.