The quarterly burn of EXMO Coin – one of the most profitable exchange tokens – will take place this week, on 1st April 2022.
Exchange tokens are a perfect portfolio diversification tool. These tokens are also good for holding since the token economy model provides for their value increase in the long run.
According to CoinMarketCap, as of 28th March 2022, EXM tops the list of exchange tokens in terms of price growth. The token’s price has increased by 36.45% over the past 30 days.
With the last EXM burn that took place on 4th January 2022, the total supply of EXMO Coin decreased to 221.4 million. The next burn of all EXM tokens received from EXMO Premium Cashback sales, as well as from sales on the EXMO store, is scheduled for 1st April 2022.
Each burning event reduces the number of tokens in circulation, thus reducing their supply. Therefore, the token’s price is rising even when demand remains unchanged. For the second quarter, we’re planning to release a big white paper update along with many activities involving EXMO Coin. Keep track of EXMO Coin’s performance!
|Burn event||EXM burned||EXM price in BTC*||EXM price in USDT*||USD value*|
*at the time of burning
EXMO Coin (EXM) is the platform’s native token based on the Ethereum blockchain and compatible with the ERC-20 standard.
According to Cryptorank, EXM remains one of the most profitable and fastest-growing exchange tokens of the year.