Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Peter Schiff Criticizes Bitcoin at Las Vegas Conference

    Peter Schiff Criticizes Bitcoin, Endorses Gold at Conference

    Paraguay’s President’s X Account Hacked, Bitcoin Scam Debunked

    BlackRock’s Bitcoin ETF Achieves $70B AUM Milestone

    Bitcoin’s Realized Cap Reaches Record $934.88 Billion

    Robert Kiyosaki Labels Bitcoin as People’s Currency Amid Riots

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Avalon Labs Burns 80M AVL Tokens, Alters Supply

    Canary Capital Registers Staked Injective ETF in Delaware

    Canary Capital Registers Injective ETF in Delaware

    Cardano Listed on Bitstamp US After Robinhood Deal

    Bitstamp Lists Cardano After Robinhood Acquisition

    PEPE Coin Faces Potential Crash After Whale Dump

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Avalon Labs Burns 80M AVL Tokens, Alters Supply

Solomon M. by Solomon M.
June 10, 2025
in Altcoin News
Key Takeaways:
  • Avalon Labs burns 80M AVL, reducing supply by 44%.
  • Over 100,000 users previously claimed $20M AVL.
  • Immediate positive market response with AVL price surge.
avalon-labs-burns-80m-avl-tokens-alters-supply
Avalon Labs Burns 80M AVL Tokens, Alters Supply

Avalon Labs has permanently burned 80 million AVL tokens, accounting for 44% of its circulating supply. The event was announced on Avalon Labs’ official Twitter account (@avalonfinance_), marking a significant shift in the project’s tokenomics.

Avalon Labs’ decision to burn 80 million AVL tokens represents a substantial reduction in the token’s market availability, creating immediate positive shifts in market sentiment with AVL prices surging.

Avalon Labs, a fintech leader in Bitcoin-backed markets, executed the burn to remove unclaimed airdrop tokens. This strategic move reduces the overall supply by 44%, worth approximately $16 million, aiming to enhance token value.

Avalon Labs, Official Team, Avalon Labs, “Avalon Labs has officially burned 80M $AVL, representing 44% of the circulating supply. These unclaimed airdrop tokens, worth approximately $16 million, have now been permanently removed from circulation. Over the past year, a total of $20M worth of $AVL has been claimed by over 100,000 users.” Source

For detailed trading insights and analysis, exploring similar strategies can offer broader context.

The 80 million AVL tokens burned were largely unclaimed allocations from a prior airdrop. Avalon Labs’ expansion, marked by securing a $2 billion credit line, reflects growing institutional confidence and engagements in on-chain capital markets.

The AVL token burn led to an 18% price surge, showing immediate market approval. Such a deflationary approach in the ecosystem can attract further investment and boost liquidity, particularly impacting tokenomics and user engagement.

Experts note that similar token burns can catalyze short-term price increases. Historical precedents include tokens like Binance’s BNB, echoing potential positive outcomes for AVL, alongside considerable community engagement and distribution benefits.

For more latest updates and articles on cryptocurrency, understanding evolving trends can be beneficial.

The AVL token burn might reinforce Avalon Labs’ market position, potentially paving the way for further financial and technological strides. Data trends underscore demand changes, with higher interest likely in governance and ecosystem aspects.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

Chainlink Enables Cross-Border Digital Currency Exchange

Solomon M.

Solomon M.

Related Posts

Canary Capital Registers Staked Injective ETF in Delaware

by Solomon M.
June 10, 2025

Canary Capital initiates U.S. Staked Injective ETF registration, exploring new blockchain investment opportunities.

Canary Capital Registers Injective ETF in Delaware

by Solomon M.
June 10, 2025

Canary Capital files for Staked Injective ETF in Delaware, taking a step towards U.S. regulatory approval.

Cardano Listed on Bitstamp US After Robinhood Deal

by Solomon M.
June 9, 2025

Cardano (ADA) is now available on Bitstamp US following Robinhood's acquisition, enhancing trading access.

Bitstamp Lists Cardano After Robinhood Acquisition

by Solomon M.
June 9, 2025

Bitstamp US lists Cardano (ADA) for trading days after Robinhood buys Bitstamp.

PEPE Coin Faces Potential Crash After Whale Dump

by Solomon M.
June 9, 2025

Whale action causes speculation around PEPE Coin's price drop potential amid recent token movements.

Ripple Confronts VanEck Over Alleged SEC Bias in XRP Case

by Solomon M.
June 9, 2025

Ripple's legal battle with the SEC highlights VanEck's alleged silence on XRP, affecting market dynamics.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.