Robinia burned 120k RBS tokens this morning during the IFO

in #robinia3 years ago

The IFO went off and a large chunk of RBS tokens were burned

As planned, a large chunk of RBS tokens were burned this morning during the IFO.

Check out the amount burned now in relation to total supply:

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(Source: https://robiniaswap.com/)

We are right around that 30% of total supply burned number currently.

Unfortunately this IFO was terrible for the price of the token as it is now trading for half of what it was trading prior to the IFO.

The good news is that cake earnings and steem curation is continuing to roll in which will support the price going forward.

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Thank You for sharing Your insights...

Good job

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That's encouraging as it will boost RBS investors confidence and might also draw attention to the project from new investors.

They burn a large portion of the daily supply.

Did you buy any?

Thank you for sharing the information, every day involves learning on the platform and its behavior in the market

That really not good😔😔

What's not good?

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