Celia Wallet Executes Major $CELIA Token Burn: Supply Reduced to Under 800 Million Ahead of Wallet Launch
December 27, 2025 – In a bold deflationary move, Celia Wallet has permanently burned 479,626.65 $CELIA tokens from its presale pool, reducing the total supply to 799,520,279 $CELIA.
The burn was fully verified on the BNB Smart Chain with the transaction hash: 0x47da32af...c619c633. Tokens were sent to the dead address (0x000...000), making them irretrievable forever.
What Is a Token Burn in Cryptocurrency?
A token burn is a deliberate and permanent removal of cryptocurrency tokens from circulation. Projects send a portion of tokens to an inaccessible "burn" or "dead" wallet address (usually 0x0000000000000000000000000000000000000000 on Ethereum-compatible chains like BNB Smart Chain), where no one can ever access or spend them.
Why do projects burn tokens?
- Increase scarcity: With fewer tokens available, basic supply-and-demand economics can potentially drive up the value of remaining tokens if demand stays constant or grows.
- Reward holders: Burns benefit existing token holders by making their share of the total supply proportionally larger.
- Signal confidence: Burning unsold presale tokens shows the team believes in long-term growth and isn't hoarding excess supply.
- Deflationary mechanism: Many projects include regular burns (e.g., from transaction fees) to counteract inflation and create a deflationary tokenomics model.
Popular examples include Binance's quarterly BNB burns and Shiba Inu's massive community-driven burns. Token burns are transparent, verifiable on-chain events that build trust in the crypto community.
Why This $CELIA Token Burn Matters
This burn followed the successful conclusion of the $CELIA presale on December 25, 2025. As promised in the project's roadmap, all unsold presale tokens were burned – demonstrating transparency and commitment to tokenomics.
With only 192 holders currently, this early-stage burn significantly enhances scarcity as the project prepares for mass adoption.
Celia Wallet Launch: What to Expect on December 31, 2025
The non-custodial Celia Wallet is set to launch on New Year's Eve – December 31, 2025. Built on BNB Chain, it will offer:
- Fast, on-chain token swaps
- Buy, sell, send, and receive crypto seamlessly
- Full user control of private keys (non-custodial security)
- User-friendly interface for beginners and experts
Upcoming milestones include centralized exchange (CEX) listings targeted for Q1 2026 and ongoing documentary episodes sharing the team's journey.
Official $CELIA Contract Address: 0x5e60F8f877A12AF906eD24764367E52df697eC0E
Always verify this address to avoid scams.
Community Buzz and Future Outlook
The burn announcement generated strong engagement on X, with hundreds of likes and reposts. While some users raised questions about past KYC processes, the team has confirmed fixes in the upcoming wallet update.
As Celia transitions from presale to real utility with its wallet launch, the reduced supply positions $CELIA for potential growth in the competitive Web3 wallet space.
Related Post: Celia Mining App: Earn CLT Daily.
Disclaimer: Cryptocurrency investments are highly volatile and carry significant risk. This article is for informational purposes only and does not constitute financial advice. Always conduct your own research (DYOR) before investing.
Written by EnatDigital
Comments
Post a Comment