The Flow Foundation has burned 50,343,896.87 tokens today, worth approximately $1.75 million.

FLOW-2.04%

Foresight News reports that Flow announced on Twitter that its foundation burned 50,343,896.87 FLOW tokens today at 4:00 Beijing time, worth approximately $1.75 million. The official statement also said that in the coming months, the team will purchase an additional 50 million FLOW tokens for long-term reserves.

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