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TON's SHIB Rival Completes First-Ever Token Burn: Details

The Dog (DOGS) and Notcoin (NOT) cryptocurrencies, which are part of The Open Network (TON) ecosystem, completed their first joint token burn event. Over $4 million worth of DOGS and NOT tokens were destroyed. However, the community remains unimpressed as both assets are losing value. Despite the positive sentiment towards the token burn events, both DOGS and NOT have experienced a decline in price, with DOGS losing 3.16% and NOT down by 5.92% in the last 24 hours. Notcoin was also replaced by Wormhole (W) as the 80th largest cryptocurrency by market cap. The overall cryptocurrency market capitalization has also decreased by 0.41%.

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