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Unique EXM quarterly burn

The largest quarterly burn of EXMO Coin – EXMO’s native token – will take place this week, on 5th July 2022. In addition, many pleasant surprises await you.

EXMO Coin Burn

It’s no secret that every quarter the EXMO team goes through a process of scheduled EXM burn. However, this time the burning will be truly unique. Part of the tokens from 1 billion frozen EXM will be unlocked and sent for burning.

We will not only conduct the largest burning event in history, both in US dollar terms and the amount of EXM burned but will also carry out several important product updates. More details on these updates are coming very soon.

What’s more, on 5th July, we will release an updated version of our white paper. But that’s not all! Tuesday marks exactly three years since the creation of the EXM smart contract. On this occasion, we have also planned many interesting activities. Stay tuned to be aware of all the cool promotions!

With the last EXM burn that took place on 1st April 2022, the total supply of EXMO Coin decreased to 220.9 million. The next burn of all EXM tokens received from EXMO Premium Cashback sales is scheduled for 05th July 2022.

Each burning event reduces the number of tokens in circulation, thereby raising the token’s price even when demand remains unchanged. So don’t forget to keep track of EXMO Coin’s performance!

How the token burn event works:
Supply Decrease + Demand Increase = Price Growth

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Check out the history of all our burns – the numbers speak for themselves.

Burn event EXM burned EXM price in BTC* EXM price in USDT* USD value*
Q1 2022 501,963 0.00000064 0.0298 15,132
Q4 2021 599,300 0.00000106 0.04949992 29,167
Q3 2021 306,761 0.00000155 0.069 21,331
Q2 2021 647,354 0.00000277 0.096 58,262
Q1 2021 3,971,092 0.00000159 0.093 369,311
Additional burn 100,000,000 0.00000023 0.01136 1,136,000
Q4 2021 2,217,047 0.000000113 0.0037 8,203
Q3 2020 2,951,875 0.00000032 0.00425 12,545
Q2 2020 2,092,034 0.00000031 0.00256 5,355
Q1 2020 954,160 0.00000036 0.00247 2,356

About EXMO Coin

EXMO Coin (EXM) is the platform’s native token based on the Ethereum blockchain and compatible with the ERC-20 standard.

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