Based on the images provided, the following events occur:
1. Burning 6 million NOT:
- The Whale community burned 6 million NOT, which is approximately $40,000 USD.
- This event is confirmed by a transaction on tonviewer.com, which indicates that 6 million NOT were burned.
2. Leaderboard:
- Members such as "Whale" and "Catizen" actively participate in coin burning. "Whale" burned 6 million and "Catizen" burned 5 million NOT.
Impact on the overall situation
Coin burning: This is the process by which a certain amount of cryptocurrency is permanently removed from circulation. This is often done to reduce the overall supply and, as a result, can increase the value of the remaining coins if demand remains the same or increases.
Impact calculation:
- Total supply of NOT: 102.72 billion NOT
- Burnt: 6 million NOT
Percentage of coins burned from the total supply:
0.00584%
Capitalization:
- The initial capitalization was $568.7 million. After burning 6 million NOT (~$40,000), the capitalization will decrease by this amount if the price per coin remains unchanged.
New capitalization:
= 568,700,000 - 40,000 = 568,660,000
Conclusion
Burning 6 million NOT has a small but positive effect on the value of the remaining coins, reducing the total supply by 0.00584%. It can also stimulate interest and participation in the community, as evidenced by activity in chat rooms and social networks.
