ABBC’s 300 Million Token Burn Skyrockets ABBC Coin Price by 90%

• ABBC coin surged by 89.78% within the last 24 hours after the coin burn event announcement.
• ABBC Trade Plan archives 320 million coins milestone: it will burn 300 million ABBC coins. 
• ABBC coin ranks fifth on the trending list of LunarCrush, a social intelligence platform.

The ABBC coin’s price increased by 89.78% within the last 24 hours with the ABBC Foundation’s announcement of a Coin-Burn event. As per the company’s press release, the ABBC Foundation has taken the decision to schedule a Coin Burn event, as the ABBC Trade Plan was approaching a milestone of 320 million. As such, the company will be burning 300 million ABBC Coins.

Disclosing more information about the intention behind this Coin Burn Event, the company stated:

Through this burn event, we are aiming to reduce inflation and maintain a healthy balance between supply and demand. By eliminating the 300 million ABBC Coins through an eater address, we are creating a safer, more robust, and sustainable project economy.

Meanwhile, the ABBC Coin was trading at around $0.11 and has risen to $0.22 currently. The Coin has captured the fifth spot on the trending list of LunarCrush, a soci…

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