Voyager Token Has Increased in Value After Approximately One-third of Its Supply Has Been Burned

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Last Updated on November 4, 2023 by Bitfinsider

Voyager, the bankrupt crypto lender, had its VGX token climb about 18% on Friday after about a third of the supply was destroyed.

Over the course of two transactions, about 83 million tokens were delivered to burn addresses. Changes in Voyager multisig ownership may allow for the creation of new VGX tokens.

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