I just decided to watch the charts and wonder how many ethereum gets burned and it's a lot!
Here are some key statistics:
- About 2 ETH gets burned every minute currently
- Since the merge the supply decreased by about 28 thousand ETH
- The supply is expected to drop by 0.56% this year based on todays volume
- In a few weeks we should reach a total of 3 million ETH burned(be prepared for some headlines)
In short EIP-1559 is a huge success and in time it should reflect in the price as well.
If you want to watch ETH burn as well be sure to checkout: https://ultrasound.money/ https://beaconcha.in/burn
P.S: Fun fact it was almost a year ago that we hit 2 million ETH burned.
[link] [comments]

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments