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wrx burn

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Burn events are not rare in crypto and often companies decide to lower their token’s circulating supply by removing some portion of it permanently. This in turn helps the asset holders temporarily as the prices tend to go up in the short term. We’ve already covered the past 4 WRX Burn events in one of our articles. WRX 4th Quarterly Burn Event | Rs 112 Crore worth of $WRX burned | What happens next? Quick…

India’s most popular cryptocurrency exchange WazirX has burned 14,453,332 WRX to date (roughly over $55 Million USD), wherein the 4th Quarterly Burn event, a total of 3,753,333 WRX equivalent to Rs 112 Crore of $14 Million were removed from supply on 15th April 2021. The burn event was done in 5 parts, with the following transaction ID’s Part 1: 333 WRX burned. TXID herePart 2: 3000 WRX burned. TXID herePart 3: 1,000,000 WRX burned. TXID herePart 4: 1,250,000…