Welcome to the Moon Burn Update for Moon Week 64. Let's take a look at all Moon Burns between May 29th and July 20th.
What are Moons:
For the uninitiated Moons are a community and governance token for rCryptoCurrency. They serve many unique purposes such as:
- Earning Moons for participation on the sub. (Yes distributions are back)
- Voting on Community governance for the sub.
- Burning Moons for a special membership.
- Approved entities can burn Moons to engage on the sub in the form of events/amas.
- Off-chain earned Moons can be tipped to other Redditors as an appreciation for their help or contributions on Reddit.
- Moons can be tipped to others on both the rcryptocurrency Telegram and Discord.
One of the best ways to keep an eye out for updates about Moons on the sub is to look for Moon Week posts which happen once every 28 days. The Moon Week 64 post should be live soon!
———-
Let's talk Moon Week 63 and 64 Moon Burns:
Between May 29th and July 20th
- 3,994 Moons were burned on Arbitrum Nova in nineteen unique burn events:
- 72,843 Moons were burned on Arbitrum One in twenty unique burn events:
- The total number of Moons burned between both chains over the 52 day period is: 76,837 Moons.
(Moon Week 65 is already off to a hot start with almost 100K moons burned between Arb One + Nova in the first 2 days. Those burns will be included in the breakdown of next updates total numbers)
———-
Moon Burn Ranking Update:
On Arbitrum One, with ~637k Moons having been burned to date. Currently worth a combined $69,175.
Unlike most assets in the burn address on One, no Moons were ever minted for the purpose of being burned. Nearly all the Moons in the dead address on One were purchased off the open market and burned by web three entities looking to engage with rCC users.
Moons remain the most valuable asset in the burn address on Arbitrum Nova with ~3.06M Moons having been burned to date. Currently worth a combined $332,310.
———-
2025 Burns to Date
Arbitrum Nova: 314,517 Moons
Arbitrum One: 512,329 Moons
Total: 853,846 Moons
—
January 1st Circulating Supply: 79,436,210 Moons
July 22nd Circulating Supply: 78,582,364 Moons
Moon Supply Decrease so far in 2025 – 1.07%
