12.09.2026 · Cryptonews

Altcoin IOST recorded a sharp increase, rising more than 100% in the past 24 hours. The move followed the IOST Foundation’s announcement of permanently removing 70 million tokens from circulation.
The Foundation stated the burn aims to improve supply structure and support further network development. At the same time, Binance moved 285 million IOST between hot wallets, valued at roughly 440,000 dollars at an average price of 0.00154 dollars per token. The exchange’s main hot wallet still holds about 715 million IOST.
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