1H
-1.02%$0.0008
24H
-11.3%$0.0096
7D
-13.7%$0.0120
30D
-58.2%$0.1054
Proof-of-Burn is a consensus algorithm that uses the burning of coins to create value. This guide will explore what Proof-of-Burn is, how it works, and its advantages over other consensus algorithms such as proof of work.
In this guide, we will provide an overview of the key dynamics driving the success and evolution of meme coins. We will explore the key factors determining demand formation, price patterns, and market performance of meme coins over time.