STREAM COIN Burn: Here’s Everything You Need to Know

BitcoinSTREAM COIN Burn: Here’s Everything You Need to Know


STREAM announced updates regarding the burning of STRM coins.

With how well things are going for STREAM, it is no surprise to hear that it has already sold out in pre-sale.

A few days ago, CEO Michael Ein Chaybeh announced video updates regarding STREAM’s progress. Here, he gracefully thanked all the investors and community members for their overwhelming support for STREAM. He said that he was thankful for their belief in the team behind STREAM and for driving the entire project to a stable path.

To note, STREAM is now less than a month away from its first round of public sale on February 1, 2022. Even though it’s still weeks away, CEO Michael Ein Chaybeh proudly said that it has already sold out in presale — much faster than they had anticipated.

He continued on and also announced that STREAM has just completed burning 1.64 billion coins from the allotted amount in the ICO and another 1.64 billion coins from the ecosystem and marketing. Hence, the total supply of STRM was reduced to 5.52 billion coins, as of January 5th.

This will definitely impact the entire supply and demand of STRM, which is why, for those who are interested in getting hold of STREAM (STRM) Coins, it’s better to partake in the public sale.

With the remaining time that STREAM has before its scheduled public sale, CEO Michael Ein Chaybeh mentioned that the team will use this time to focus on the global marketing of the ICO as well as the research and development of STREAM’s platform.

Having said all this, one could infer that the team behind STREAM is working hard to meet the expectations of investors, community members, and prospective users of its platform. As the number of engagements and subscribers for STREAM increases, so does the hype and anticipation that people have for it.

Going back to the video, CEO Michael Ein Chaybeh ended it by wishing everyone a happy and prosperous new year.

To find out more about STREAM, please visit their website.

 



Learn more

Latest news

Australian Crypto Exchange Swyftx Cuts 90 Jobs Amid Crypto Winter

The job cuts would equate to a reduction of almost 45% of Swyftx's workforce. Learn more

Bitcoin Sinks Further 70% in Standard Chartered List of Possible 2023 Upsets

(Bloomberg) -- Speculators cleaving to the view that the crypto rout is mostly over are at risk of...

Australian Crypto Exchange Announces Massive Layoffs

Alex Dovbnya Swyftx has fired more than a third of its staff, with the ongoing cryptocurrency winter becoming increasingly...

Ripple Price Analysis: Bears Active Near $0.40

Ripple price started a fresh decline from the $0.4100 resistance against the US dollar. The price is now trading...

How Secure Is Social Security?  

The long-term funding shortfall threatening Social Security has garnered so much public notice that consistently overwhelming majorities of...

CRO Price (Cronos) Pumps Over 12%, Why This Could Be The Start of Bigger Rally

CRO price started a fresh increase from the $0.062 support zone. Cronos bulls are now aiming a strong...

Must read

Australian Crypto Exchange Swyftx Cuts 90 Jobs Amid Crypto Winter

The job cuts would equate to a reduction...

Bitcoin Sinks Further 70% in Standard Chartered List of Possible 2023 Upsets

(Bloomberg) -- Speculators cleaving to the view that...

Australian Crypto Exchange Announces Massive Layoffs

Alex Dovbnya Swyftx has fired more than a third...

You might also likeRELATED
Recommended to you