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HTX DAO Burns $13.6M in Tokens, Will Reduced Supply Lift HTX Price?


HTX DAO Burns $13.6M in Tokens, Will Reduced Supply Lift HTX Price?

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HTX DAO completed a Q2 2026 token burn removing 7.47 trillion HTX (about $13.6M), bringing cumulative burns to 117.79 trillion on the TRON blockchain with the transaction verifiable on Tronscan. Despite the supply reduction, HTX traded muted near $0.00000180, indicating the burn may support long-term value but market sentiment and adoption will determine any sustained price rally in the crypto and DeFi ecosystem.

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  • HTX DAO burned 7.47 trillion HTX tokens worth $13.6M, bringing total burned tokens to 117.79 trillion.
  • HTX price stayed muted after the burn, trading near $0.00000180 despite reduced circulating supply.
  • Token burns may support HTX long term, but market sentiment remains key to any sustained price rally.

HTX DAO has completed another large-scale token burn, removing 7.47 trillion HTX tokens worth approximately $13.6 million from circulation as part of its second-quarter 2026 supply reduction program.

It stated that the latest transaction brings the cumulative amount of HTX donated and burned to 117.79 trillion tokens. The burn transaction was executed on the TRON blockchain and is publicly verifiable through Tronscan.

HTX DAO said the ongoing burns are designed to optimize the token’s supply structure while supporting the ecosystem’s long-term value.

Q2 Burn S…

Read The Full Article HTX DAO Burns $13.6M in Tokens, Will Reduced Supply Lift HTX Price? On Coin Edition.

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Coins

$ 0.322

-0.36%

$ 0.0262

-0.28%

$ 0.00...181

+0.17%

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In This News

Coins

$ 0.322

-0.36%

$ 0.0262

-0.28%

$ 0.00...181

+0.17%

Predictions Markets

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