Over $1 Billion Worth of Ethereum Burned Since London Hard Fork | Crypto Craft

  • Over $1 Billion Worth of Ethereum Burned Since London Hard Fork

    From decrypt.co

    Nearly 300,000 Ethereum—worth over $1 billion at today’s prices—have been burned since the launch of the “London” upgrade, also known as EIP-1559, in early August. According to Ethereum metrics website Watch the Burn, a total of 298,000 ETH has been taken out of circulation since August 5. At the time of writing, the number two cryptocurrency was trading at around $3,432, per CoinGecko, so that’s $1.022 billion worth of tokens destroyed in less than six weeks. At press time, around 5 Ethereum—worth just over $17,000—are being burned every minute. Currently, popular non-fungible token (NFT) marketplace ... (full story)

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Not-KPMG
Sep 15, 2021 3:59pm
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That is bulls.hit article full of bull.....


And completely useless.... I read the first rows 🐒🤣🤣



I won't bother with explanation..... people here ain't worth it.





I might ask... Hey Dummmmoooos, what's the inflation of Ethereum???


Duhhhh
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