{"id":24735,"date":"2023-11-26T15:07:18","date_gmt":"2023-11-26T15:07:18","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/web3-gaming-and-ai-project-sidus-burns-6-8b-tokens-price-skyrockets\/"},"modified":"2023-11-26T15:07:18","modified_gmt":"2023-11-26T15:07:18","slug":"web3-gaming-and-ai-project-sidus-burns-6-8b-tokens-price-skyrockets","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/web3-gaming-and-ai-project-sidus-burns-6-8b-tokens-price-skyrockets\/","title":{"rendered":"Web3 gaming and AI project SIDUS burns 6.8B tokens, price skyrockets"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/11\/sidus-burns-tokens-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/11\/sidus-burns-tokens-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/11\/sidus-burns-tokens-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/11\/sidus-burns-tokens-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>SIDUS price skyrockets as project burns 6.8 billion tokens.<\/li>\n<li>The Web3 gaming and AI project has seen the price of its native utility token jump 40% in the past 24 hours.<\/li>\n<li>Buying pressure for SIDUS has pushed it to its highest level since May 2022.<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Sidus (SIDUS) price has risen sharply in the past few days, rising to its highest level since May 2022. This comes after the SIDUS HEROES team announced they had <a href=\"https:\/\/etherscan.io\/tx\/0x458fdcdbcc28b3e062029d902e07139500b1b97d67567a8d8520fa0d62669ce9\" target=\"_blank\" rel=\"noopener\">burned<\/a> a staggering 6.8 billion of the native utility token\u2019s supply.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The announcement on Friday revealed the 6.8 billion SIDUS tokens, accounting for 23.13% of the total supply. These tokens have permanently been removed from circulation, cutting total supply to about 22.6 billion.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udd25 It\u2019s done! We\u2019ve burned 6,826,500,000 <a href=\"https:\/\/twitter.com\/search?q=%24SIDUS&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SIDUS<\/a> tokens \u2013 23.13% of the total supply! \ud83d\udd25<\/p>\n<p>\u2714\ufe0f Transaction details: <a href=\"https:\/\/t.co\/ew5O7CgeG8\">https:\/\/t.co\/ew5O7CgeG8<\/a><\/p>\n<p>Both our revolutionary votes are over \u2013 <a href=\"https:\/\/twitter.com\/search?q=%24SIDUS&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SIDUS<\/a> and <a href=\"https:\/\/twitter.com\/search?q=%24SENATE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SENATE<\/a> are much stronger, with a lot of space for growth! \ud83d\ude80 <a href=\"https:\/\/t.co\/dX5tpbtAJT\">pic.twitter.com\/dX5tpbtAJT<\/a><\/p>\n<p>\u2014 SIDUS HEROES (@galaxy_sidus) <a href=\"https:\/\/twitter.com\/galaxy_sidus\/status\/1727680257770020869?ref_src=twsrc%5Etfw\">November 23, 2023<\/a><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400\">Buying pressure for SIDUS rose after this reduction in supply. Sidus (SIDUS) currently has a market cap of $140 million, with a circulating supply of 17.5 billion SIDUS tokens.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">What is SIDUS?<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Sidus is a space-based <a href=\"https:\/\/coinjournal.net\/news\/tag\/gaming\/\">gaming<\/a>, metaverse and Web3 platform powered by AI technology and blockchain. Its SIDUS HEROES ecosystem offers play-to-earn gaming and non-fungible tokens (NFTs) and features a dual token system.<\/span><\/p>\n<p><span style=\"font-weight: 400\">SIDUS is the utility token of the SIDUS HEROES ecosystem, while the governance token is SENATE, which users need to participate in project development and decision-making votes. SIDUS is central to the SIDUS HEROES\u2019 metaverse, both for in-game and out-of-game functionalities, including marketplace transactions.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">SIDUS price up 780% in a month<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Sidus (SIDUS) is one of the biggest gainers in the past 24 hours, trading more than 40% up as its price reached highs of $0.0078. With a daily trading volume of over $9 million in the period, it\u2019s a performance that brings cumulative gains over the past 30 days to +780%.<\/span><\/p>\n<p><span style=\"font-weight: 400\">SIDUS reached an all-time above $0.19 in January 2022, but lost nearly 95% of that as the bear market took a toll. Despite a broader market recovery, the token remained largely down until an uptick in community (which is now above 27k holders) in recent weeks.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Apart from the token burn, another catalyst to the price surge could be the project\u2019s growing list of partners. Just recently, the team shared its list of business partners and investors that includes Animoca Brands, <a href=\"https:\/\/coinjournal.net\/news\/tag\/polygon\/\">Polygon<\/a>, OKX Ventures and Hashkey Capital. YouTuber Mr. Beast is also a partner.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/web3-gaming-and-ai-project-sidus-burns-6-8b-tokens-price-skyrockets\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) SIDUS price skyrockets as project burns 6.8 billion tokens. The Web3 gaming and AI project has seen the price of its native utility token jump 40% in the past 24 hours. Buying pressure for SIDUS has pushed it to its highest level since [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":24736,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/24735"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=24735"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/24735\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/24736"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=24735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=24735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=24735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}