Toady (TOADY), the plump but adorable toad memecoin, recently took to Twitter to announce the burn of another 15,000,000,000,000 of their memecoins. In detail, TOADY has taken out a 1.5% buy back from the market.
On Tuesday, TOADY took 1.5% out of its total 1 quadrillion market supply. In effect, this leaves the current market supply of TOADY at 9.7e+14. They had previously burned 0.5% of the memecoin on Thursday, May 4. To date, the memecoin has burned a total of 30,000,000,000,000 coins, taking out a whole of 3% from their market supply.
According to the transaction details, the transaction took place for a gas price of 0.000109248 BNB at 3 gwei. Reportedly, the gas limit for this transaction was at 66.67%. It is interesting to note that this burn has created a hopeful wave among the memecoin followers as a Twitter user was seen replying, “Good things are on the way.”
Subsequently, later on Tuesday, TOADY was seen trending on crypto.com. Holding a market cap of $164,458 and priced at $0.0000000003311, TOADY had then secured the eighth position on the crypto trending list.
According to CoinMarketCap, TOADY is currently valued at $1.95e-10 depicting a fall of 36.35% in the last 24 hours. The memecoin has a 24-trading volume of $78,154.62. At press time, the memecoin is ranked at the 3877th position. The top cryptocurrency exchange for trading TOADY memecoin stock is currently PancakeSwapv2 (BSC).
The post TOADY Burns Another 1.5% Buy Back; Hopes for Favorable Future appeared first on Coin Edition.
See original on CoinEdition
Source: Cryptocurrency - investing.com