Robinia burned 120k RBS tokens this morning during the IFO
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:
(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.
Thank You for sharing Your insights...
Good job
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Check out Robinia: https://robiniaswap.com/
Upvoted! Thank you for supporting witness @jswit.
Time to buy
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?
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.
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