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Will ASTR maintain 11% price increase by July 31, 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
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Story
Astar Network to Burn 350M ASTR Tokens Worth $28M, Boosting Value by 11%
Jul 2, 2024, 01:36 PM
Astar Network has announced a significant token burn, planning to eliminate 350 million ASTR tokens, which represents 5% of the total supply. This move, worth approximately $28 million, follows an official governance vote initiated seven days ago. The news has led to a spike in the price of ASTR, which is up more than 11% in the past 24 hours.
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