PANews, November 28 - According to official news, $ROCK has continued to carry out large-scale buybacks and burns, with a total of 1.94 billion ROCK (approximately 3.498 million USDT) destroyed this time. Due to the ongoing impact of the deflationary effect, $ROCK has performed remarkably in the market, currently quoted at 0.00192 USDT, with a cumulative rise of 45% this month. ROCK has increased nearly 20 times from its bottom.
Since the launch of the BNB buyback plan by ROCK DAO, the regular destruction mechanism has effectively promoted a virtuous cycle of the decentralized ecosystem. As the destruction plan continues to advance, the scarcity of tokens will further highlight, creating long-term value for holders.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Retail Sentiment Turns Bearish While Bitcoin Holdings Rise Across Both Small and Large Wallets
Bitcoin (BTC) suffered a fresh decline of nearly 4% on Friday as it slipped to $66,200, as conditions in the Middle East conflict remain extremely fragile.
Against this backdrop, retail traders grow increasingly bearish on the leading cryptocurrency, yet accumulation from different cohorts
CryptoPotato12m ago
Zcash Rally Gains Strength as Privacy Demand and ZODL Funding Lift ZEC
Key Insights:
The Zcash price rose above $235 with strong volumes, reflecting sustained institutional participation and signaling broader market confidence in privacy-focused digital assets.
The $25 million ZODL funding supports protocol upgrades, wallet growth, and shielded adoption,
CryptoNewsLand41m ago
XRP Faces Pressure as Network Usage and Momentum Decline
Key Insights
XRP Ledger transactions and active accounts dropped sharply, signaling reduced usage and weakening demand that directly impacts the asset’s broader market outlook.
Price continues to face resistance at key technical levels, while compression below moving averages reflects
CryptoNewsLand52m ago
Bitcoin Erases March Gains as Q1 Losses Top 25% Amid Geopolitical Friction
Bitcoin's price has declined below $66,000 amid geopolitical tensions and poor U.S. market performance, leading to significant losses in the crypto market. Investor sentiment is dampened as recession fears grow.
Coinpedia1h ago
Bittensor (TAO) Is Up 140% in 6 Weeks, But Data Shows Retail Is Missing the Big AI Rally
Bittensor has recorded a 140% price increase over the past six weeks, including a 105% rise since March 8.
The latest price action has pushed it to the 26th-largest cryptocurrency by market capitalization, according to new data from Santiment.
AI Tokens Heat Up
-----------------
The rally comes a
CryptoPotato1h ago
Cardano Price Signals Shift as Traders Build Long Positions
Key Insights
Cardano’s MVRV has dropped into deep negative territory, signaling widespread unrealized losses and historically aligning with accumulation phases across previous market cycles.
Long positions among top traders have increased sharply, while elevated short exposure creates
CryptoFrontNews1h ago
