In August 2024, several cryptocurrency projects announced significant token burns. The Request Network team burned 12,089 $REQ tokens, valued at $1,247.76, increasing the total burned tokens to 420,014. Additionally, 2,050,000 $LNQ tokens were burned, accounting for 11% of its circulating supply. In another major burn, 30 million $ZACK tokens were destroyed, reducing the $ZACK supply to under 900 million.