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Streamflow Burns 70% Of STREAM Supply In 699.99M Token Cut
Published Source: BitcoinistRead original
Crypto Insight Summary: TL;DR The Streamflow Foundation has burned 699.99 million STREAM tokens in a single onchain transaction. Total supply fell from roughly 1 billion STREAM to 300 million. The foundation says its product operations, vesting schedules, staking and airdrop services are unchanged by the supply reduction. Streamflow has made one of the more dramatic token-supply changes of […] Crypto Insight Analysis: Direction: Bullish STREAM Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Supply shock boosts scarcity but token value depends on adoption and utility.