$SEILOR rises over 26% after unveiling massive $SEILOR Burn Notice

$SEILOR, utility token of Kryptonite, a DeFi protocol on the Sei blockchain, is up over 26% in the past 24hours, & now trades around $0.028334, with inflow of $162.32k, as per Gate.io chart.

This follows the exciting Announcement from Kryptonite that Millions of its $SEILOR token will be burned today 14th October 2024. The move is set to reduce the circulating supply, while improving the token & general ecosystem value.