ChangeNOW Brings Back $NOW Burns

Source Cryptopolitan

December 17th – ChangeNOW, a crypto management platform with an expanding range of products, announced that it is resuming its regular $NOW token burn program as outlined in its whitepaper. The latest burn occurred on December 17th, permanently removing 210,018 tokens from circulation. The transaction record is available at https://etherscan.io/tx/0x3055a647299dc6dab78e2159450f03937b420befdfea75ee4c286348a8d4b8ab.

This marks the fifth scheduled burn in the history of $NOW and reaffirms ChangeNOW’s long-term plan to gradually decrease the token’s total supply across chains to 100,000,000 $NOW, the level defined in the project’s tokenomics framework. Burns are expected to continue on a quarterly basis.

“Resuming the burn program reflects the progress we’ve made strengthening the $NOW token and the broader ChangeNOW platform,” CSO Pauline Shangett said. “With ongoing updates across our products and services, maintaining a healthy and transparent token economy remains a priority.”

$NOW serves as the core utility token across ChangeNOW’s products, supporting the flagship exchange, NOW Wallet, NOWPayments, NOWNodes, NOW Tracker, and a range of B2B and B2C services. The token enables access to discounted services, staking rewards with automatic compounding, and utility across payments, infrastructure, and portfolio tools.

ChangeNOW’s burn program is designed to gradually reduce the circulating supply of $NOW as the network grows. The company ties these burns to real activity across its products, creating a predictable and transparent framework for managing the token’s long-term supply. All supply figures, burn records, and roadmap updates are published openly, allowing users and partners to track every stage of the process.

The resumed burn comes amid continued expansion across the ChangeNOW product family, including enhancements to NOW Wallet, upgraded functionality in NOWPayments, infrastructure improvements within NOWNodes, and broader utility integrations planned for 2026.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Asian Stocks Rise, Oil Jumps as Trump Orders Blockade on Venezuela TankersAsian equities advanced on Wednesday, supported by strong buying in technology shares, while oil prices surged more than 1% following an escalation of U.S. sanctions pressure on Venezuela.
Author  Mitrade
10 hours ago
Asian equities advanced on Wednesday, supported by strong buying in technology shares, while oil prices surged more than 1% following an escalation of U.S. sanctions pressure on Venezuela.
placeholder
Australian Interest Rate Cuts Postponed to 2027 Amid Rising Inflation Pressures, Westpac PredictsWestpac analysts forecast the Reserve Bank of Australia will hold interest rates steady through 2026, with potential cuts now expected in early to mid-2027 due to resurging inflation and labor market concerns.
Author  Mitrade
14 hours ago
Westpac analysts forecast the Reserve Bank of Australia will hold interest rates steady through 2026, with potential cuts now expected in early to mid-2027 due to resurging inflation and labor market concerns.
placeholder
Cryptocurrencies Extend Losses as Year-End Caution and Thinning Liquidity Weigh on MarketThe cryptocurrency market declined on Monday, mirroring a pullback in global risk assets as investors turned cautious ahead of key U.S. economic data. The broad-based retreat highlighted thinning liquidity and growing risk aversion across financial markets as the year draws to a close.
Author  Mitrade
Yesterday 08: 11
The cryptocurrency market declined on Monday, mirroring a pullback in global risk assets as investors turned cautious ahead of key U.S. economic data. The broad-based retreat highlighted thinning liquidity and growing risk aversion across financial markets as the year draws to a close.
placeholder
Global Markets on Edge Ahead of Key Economic Data and Central Bank Decisions As investors remain cautious, focus turns to upcoming UK wage data and European manufacturing insights ahead of crucial interest rate discussions. Market sentiment reflects heightened risk aversion amid U.S. jobs report anticipation.
Author  Mitrade
Yesterday 06: 04
As investors remain cautious, focus turns to upcoming UK wage data and European manufacturing insights ahead of crucial interest rate discussions. Market sentiment reflects heightened risk aversion amid U.S. jobs report anticipation.
placeholder
XRP Spot ETFs Notch 30 Straight Days of Inflows, Bucking Wider Crypto TrendSince their debut on November 13, U.S.-listed spot exchange-traded funds (ETFs) for XRP have recorded net inflows for 30 consecutive trading days, a steady performance that stands in contrast to the more volatile flows seen in larger bitcoin and ether funds.
Author  Mitrade
Dec 15, Mon
Since their debut on November 13, U.S.-listed spot exchange-traded funds (ETFs) for XRP have recorded net inflows for 30 consecutive trading days, a steady performance that stands in contrast to the more volatile flows seen in larger bitcoin and ether funds.
goTop
quote