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KIN Token Surges Over 20% After Vote to Burn 70% of Supply Passes

The token climbed on news that about 7 trillion KIN tokens worth $156 million will be burned.

By Sage D. Young|Edited by Aoyon Ashraf
Updated Jul 27, 2023, 10:18 p.m. Published Jul 27, 2023, 10:06 p.m.
KIN, originally created in 2017 by Kik Interactive to monetize the messaging app, has a market cap of nearly $50 million. (Brady Dale/CoinDesk)
KIN, originally created in 2017 by Kik Interactive to monetize the messaging app, has a market cap of nearly $50 million. (Brady Dale/CoinDesk)