ChainCatcher Message, BonkDAO announced that it will burn 1.69 trillion BONK during the community event "BURNmas", worth about 54.52 million dollars🎉. This burn accounts for nearly 1.8% of the total supply of BONK, aimed at enhancing the token's scarcity and potential value📈.

The official revealed that the burn process will be conducted through BonkDAO's multi-signature voting mechanism to ensure transparency and community participation🤝. This initiative has sparked widespread attention in the market, with investors closely monitoring its impact on the price of BONK. Regardless of the outcome, this event undoubtedly adds a festive atmosphere to the crypto community✨.