💥💥Is it the Beginning of the End for Ethereum? Selling Whales Are Investing in These Ethereum Alternative Coins 💥💥

Ethereum-based cryptocurrency project Lisk (LSK) announced a massive token burn plan. In its new voting proposal to its community, Lisk proposed burning 100 million LSK tokens, which constitutes 25% of the total supply.

The voting is planned to be held on September 24 and continue for 7 days until October 1. This vote will provide the Lisk community with the opportunity to decide on burning 25% of the total supply of 400 million tokens. The results of the vote will play an important role in determining Lisk's strategic direction and reinforce the commitment to community governance.

Cryptocurrency analysts predict that the community will most likely decide to burn in this vote. Although voting has not started yet, it is stated that even the news of the burning has a positive impact on the LSK price.

Following this development, the price of LSK increased by 8% and rose from $ 0.97 to $ 1.05.

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