$AVL's price surged by 19.2% following the burn of 80 million tokens, which occurred on June 9, 2025. This burn represents 44% of the token's circulating supply, significantly reducing the number of available tokens. The move has drawn attention from the cryptocurrency community, as token burns are typically employed to decrease supply and potentially enhance the token's value and appeal to investors.
$AVL Jumps 19.2% After 80 Million Token Burn
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