In accordance with the whitepaper all unsold tokens had to be burnt, and today was that day with more than $16 000 000 worth of BunnyToken’s being burnt at once. The number of tokens burnt was 592,437,133. This has resulted in a reduction of the BunnyToken supply which has now led to the significant price growth we now see.
The updated supply can be checked in the Ethereum blockchain explorer.
BunnyToken is a payment solution for the $103 billion entertainment industry. Its primary aim is to become the principle cryptocurrency which will largely replace fiat currencies in the entertainment industry. The initial sale was successfully completed in May and now the token is being traded on the Yobit exchange.
Tokens can be bought directly from the exchange via this link.
The next step on the Bunny roadmap is the Airdrop which will take place this August. Every investor who has stored their BunnyToken’s will automatically receive additional free tokens at the moment the Airdrop takes place. Following today’s market price tokens worth more than $1,000,000 will be distributed, another good reason to buy and hold Bunny.