CoinEx Token Value Surges 73% as 7.3 Billion Burned by 2025
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币界网报道：CoinEx Token (CET) surged 73% after the exchange announced plans to burn 3 billion tokens by 2025, reducing total supply to 2.5 billion. The platform's accelerated buyback-and-burn mechanism aims to enhance token scarcity, with 1.2 billion CET already destroyed in recent operations. CEO Haipo Yang emphasized the move aligns with long-term ecosystem development, noting the exchange will allocate 20% of daily revenue for future repurchases. Market analysts attribute the price spike to reduced circulating supply expectations, though some caution about volatility risks amid broader market conditions. The exchange also plans quarterly
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