{"id":19595,"date":"2024-08-28T08:17:12","date_gmt":"2024-08-28T08:17:12","guid":{"rendered":"https:\/\/metaverseplanet.net\/blog\/?p=19595"},"modified":"2026-01-27T08:58:41","modified_gmt":"2026-01-27T08:58:41","slug":"altava-metaverse-altcoin-sees-price-surge-after-announcement","status":"publish","type":"post","link":"https:\/\/metaverseplanet.net\/blog\/altava-metaverse-altcoin-sees-price-surge-after-announcement\/","title":{"rendered":"ALTAVA Metaverse Altcoin Sees Price Surge After Announcement"},"content":{"rendered":"\n<p>ALTAVA, the fashion metaverse platform, has made a significant announcement regarding a token burn.<\/p>\n\n\n\n<p>In a recent post on its X account, ALTAVA revealed that they are preparing to burn 10% of the total TAVA supply by the end of August.<\/p>\n\n\n\n<p>In the cryptocurrency industry, token burning refers to the process of permanently removing coins from circulation by sending them to a burn address.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">100 Million Altcoins Will Be Burned!<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"912\" height=\"539\" src=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/08\/ALTAVA-Metaverse-Altcoin-Sees-Price-Surge-After-Announcement.webp\" alt=\"\" class=\"wp-image-19596\" srcset=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/08\/ALTAVA-Metaverse-Altcoin-Sees-Price-Surge-After-Announcement.webp 912w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/08\/ALTAVA-Metaverse-Altcoin-Sees-Price-Surge-After-Announcement-300x177.webp 300w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/08\/ALTAVA-Metaverse-Altcoin-Sees-Price-Surge-After-Announcement-768x454.webp 768w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/08\/ALTAVA-Metaverse-Altcoin-Sees-Price-Surge-After-Announcement-150x89.webp 150w\" sizes=\"(max-width: 912px) 100vw, 912px\" \/><\/figure>\n\n\n\n<p>ALTAVA has announced plans to burn 100 million TAVA tokens, equivalent to 10% of the total TAVA supply, by the end of August.<\/p>\n\n\n\n<p>These tokens will be sourced from ALTAVA&#8217;s already unlocked reserve.<\/p>\n\n\n\n<p>&#8220;To further strengthen the TAVA ecosystem and reinforce our community-centric approach, ALTAVA will burn 100 million TAVA tokens by the end of August, representing 10% of the total supply,&#8221; the company stated.<\/p>\n\n\n\n<p>Following the announcement, TAVA&#8217;s price surged by as much as 40%. Although it has since retraced nearly half of those gains, TAVA is currently trading at $0.033 at the time of writing.<\/p>\n\n\n\n<p>*Not investment advice.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">You may also like this content<\/h3>\n\n\n<ul class=\"wp-block-latest-posts__list wp-block-latest-posts\"><\/ul>","protected":false},"excerpt":{"rendered":"<p>ALTAVA, the fashion metaverse platform, has made a significant announcement regarding a token burn. In a recent post on its X account, ALTAVA revealed that they are preparing to burn 10% of the total TAVA supply by the end of August. In the cryptocurrency industry, token burning refers to the process of permanently removing coins &hellip;<\/p>\n","protected":false},"author":1,"featured_media":8605,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAown96uCw:productID":"","footnotes":""},"categories":[322,309],"tags":[317,318],"class_list":["post-19595","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metaverse1","category-web3new","tag-crypto-news","tag-metaverse-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/19595","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/comments?post=19595"}],"version-history":[{"count":1,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/19595\/revisions"}],"predecessor-version":[{"id":40965,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/19595\/revisions\/40965"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/media\/8605"}],"wp:attachment":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/media?parent=19595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/categories?post=19595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/tags?post=19595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}