Back to News
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.
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.
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!
Supply Decrease + Demand Increase = Price Growth
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.