Holdium to Burn $1M Tokens, 25% of Supply; PancakeSwap Burns $18M in $CAKE and 123,769,147 $HM

In a significant move within the cryptocurrency market, multiple tokens are undergoing substantial buyback and burn initiatives. Holdium is set to burn approximately $1 million worth of its tokens, with a mechanism that burns 90% of the allocation when a user sells $1,000. Additionally, 25% of Holdium's total supply is expected to be burned within 24 hours. Meanwhile, PancakeSwap reported the burning of 8,951,793 $CAKE tokens, valued at approximately $18 million. The trading fees from various sources on PancakeSwap also showed mixed results, with AMM V2 fees totaling 84,000 CAKE ($174,000) and AMM V3 fees at 94,000 CAKE ($193,000). Furthermore, Holdium's total supply saw a reduction of 12.3%, with 123,769,147 $HM tokens permanently removed from circulation.