🔥
$ASTR Network to Burn 350M ASTR, 5% of Total Supply! 🔥
Exciting news from Astar Network! Following a successful governance vote, 350 million
$ASTR tokens, which represent 5% of the total supply, are set to be burned. An additional 70 million tokens will be transferred to the community treasury.
**Why is this bullish?** Token burns remove potential supply from the market, often leading to price rallies. Just look at Floki's impressive 70% rally after their burns last year!
🚀 **Current Performance:**
- ASTR is up by more than 7% in the last 24 hours.
- Trading volume surged over $50 million, an 84% increase from Monday.
🌐 **Multi-Chain Innovation:**
Astar Network's deal with Polygon integrates AggLayer, connecting various blockchains using zero-knowledge proofs and providing unified liquidity.
Join the wave and watch
$ASTR make moves! 🚀
#AstarNetwork #CryptoPCEWatch #InvestSmart #TradingVolume #BlockchainInnovation