Second largest quarterly burn exceeding 150 million EXM

On 3rd January 2023, we will be conducting a major burn of our EXMO Coin (EXM) token.

With the last EXM burn that took place on 3rd October 2022, the total supply of EXMO Coin decreased to 219.7 million. The next one will take place on 3rd January 2023. It’s going to be the second-largest EXM burn, as we will utilise tokens received from EXMO Premium package sales and, additionally, 150 million unlocked EXM. We will also transfer another 16 million unlocked tokens to our staking fund.

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

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For your convenience, we’ve compiled the entire history of all EXM burns in an informative table.

Burn event	EXM burned	EXM price in BTC*	EXM price in USDT*	USD value*
Q3 2022	561,061	0.00000084	0.01666447	9,299
Q2 2022	150,617,834	0.00000114	0.0249092	3,304,891
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

*at the time of burning

About EXMO Coin

EXMO Coin is a native token of the EXMO.com crypto exchange. It runs on the Ethereum blockchain and is compatible with all ERC-20 wallets.

The EXM token is suitable for both active trading and long-term holding. With the token, you can also receive increased referral payouts, up to 17% per annum from staking, easily clear your wallet from leftover balances and reduce trading fees by purchasing EXMO Premium packages.

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EXMO Coin (EXM)