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$MOXIE gains over 33% after executing 1.2M $MOXIE token Burn
$MOXIE, an ERC-20 token powering Base Blockchain, powering the Farcaster ecosystem, is up over 33% in the past 24hours, & now trades around $0.001209, with inflow of $251.35k, & trading volume of $189.79M, as per Gate.io chart.
Moxie Protocol today announced it has recently burned 1.2 million $MOXIE tokens in one day from protocol transaction fees. The strategic move increases scarcity & value for MOXIE by reducing the total supply of the Creator Coin on Base.