Justin Sun announced on X a significant milestone in the ongoing SUN token burn. The total burn amount has reached $8 million, with an additional $4 million yet to be completed.
This update demonstrates the continued effort to reduce the total supply of SUN tokens. The goal is to strengthen the token's market position by reducing its overall supply.
Such actions are meant to enhance the token's value and stability in the cryptocurrency market, reflecting positive progress for SUN token holders.