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One of the leading metaverse gaming platform Mobox (Mbox) has announced over 170,000 burns of it’s coins on Binance Smart Chain Contract.

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According to a tweet post the trending metaverse gameFi platform tweeted;

#MBOX burn has taken place! We burned 170,445 #MBOX

The last time the metaverse platform announced a burn in November, it’s coin price did a100% price increase.

MOBOX is the team behind the MOMOverse, a cross platform Metaverse that can be enjoyed on all devices. MOBOX also features the MOMO NFTs collection, along with an upcoming MOBOX chain, a revolutionary carbon neutral blockchain featuring more than 150 thousand players.

MBOX before the latest burn, has a total supply of 389 million, with a circulating supply of 78.5 million.

At the time of writing, MOBOX’s market cap is at $545 million.

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