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SUN completes 48th round of buyback and burn, over 2.06 million tokens transferred to black hole address

SUN completes 48th round of buyback and burn, over 2.06 million tokens transferred to black hole address

ChaincatcherChaincatcher2025/11/04 02:16
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ChainCatcher news, on November 3, SUN.io officially announced that the forty-eighth round of SUN token buyback and burn has been successfully completed. During the period from October 9, 2025 to November 3, 2025 (GMT+8), a total of 2,060,843.918 SUN tokens were burned, all of which have been transferred to the black hole address for permanent destruction, further reducing the circulating supply of SUN. Since the launch of the buyback plan on December 15, 2021 (GMT+8), the cumulative total burned has reached 648,535,242.90 SUN. This buyback and burn plan has effectively reduced the total market circulation of SUN tokens. This move not only enhances the market's perception of the scarcity of SUN tokens, but also builds a sustainable development foundation for its value growth.

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