For those who missed the #BONKUSTD coin, remember
The last BONK coin burn that was approved and executed was in July 2024, where 84 billion tokens were burned from the coin’s treasury. This burn was part of a strategy to reduce supply and increase market cap. Before that, in April 2024, another large burn of 278 trillion tokens was executed, which received overwhelming support of 99.9% from the community
Previous BONK coin burns have greatly contributed to boosting investor confidence and raising the coin’s market cap.
