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
Samson Mow Sees Bitcoin Bearish Pressure Eroding as Strategy, Metaplanet, Fed Shift Market Dynamics
Bitcoin’s 2026 bearish window is rapidly closing as corporate treasury accumulation accelerates and macro tailwinds build, tightening supply and reinforcing institutional demand, according to Jan3 CEO Samson Mow.
Samson Mow Warns 2026 Bitcoin Bearish Window Is Closing
Jan3 CEO Samson Mow
Coinpedia32m ago
VanEck CEO: Bitcoin is forming a bottom, showing signs of a positive rebound
VanEck CEO Jan Van Eck pointed out in an interview that the current crypto market is rebounding, but Bitcoin is still down over 50% from last year's highs. He mentioned Bitcoin's investment cycle and believes that we are currently in a bottoming phase, which is a good sign of recovery.
GateNews39m ago
10x Research: Short-term Bitcoin rebound still requires caution against bear trap risks
10x Research's latest analysis points out that Bitcoin needs to distinguish between short-term tactics and medium-term trends, recommending a comprehensive assessment of risk-reward ratio to avoid mistaking a rebound for a trend reversal. The report mentions using derivatives and other data to determine the nature of this round of movement and shares a 55% return in Circle's trading strategy.
GateNews42m ago
Trump's "Tsunami" Warning Shakes the Market: Gold and Silver Evaporate 1 Trillion, Crypto Market Cap Rebounds by 100 Billion
President Trump issues a "tremendous" warning about U.S.-Israel military actions, causing extreme volatility in global markets: gold and silver are being sold off massively, while Bitcoin and Ethereum are rising against the trend, with the crypto market cap increasing by approximately $100 billion. Trump's remarks indicate that larger military actions may be forthcoming, and market volatility is unlikely to subside in the short term.
MarketWhisper52m ago
Digital Asset Funds See $1B Inflows As Bitcoin Leads Market Recovery
Digital asset investment products snapped a five-week losing streak last week, recording roughly US$1 billion of net inflows as investor sentiment shifted from retreat to opportunistic buying. The latest CoinShares weekly report says the move reversed a cumulative US$4 billion of outflows, marking a
BlockChainReporter1h ago