ConConAI Surpasses 28 Million Tokens Sold, Burns 20 Million $CON
ConConAI, a cryptocurrency project, has surpassed over 28 million tokens sold to more than 200 wallets, marking a significant milestone in its presale. The project, which aims to develop a commercial infrastructure for its utility token $CON, has introduced a new transparency section and recorded its first 20 million $CON token burn. This burn has reduced the effective total supply of $CON from 100 million to 80 million, with a further 20 million burn scheduled for November 12.
The $CON presale is structured across five phases, with prices progressing from $0.005 to $0.009 before a planned DEX listing price of $0.01. The project's commercial listings network, which uses $CON as a payment token, is expected to attract users, businesses, and transactions, potentially driving demand and increasing the token's value.
The transparency section, which tracks supply and burn activity, provides a clearer way for the crypto community to follow changes in the token supply. The project's fixed original supply of 100 million $CON and the planned token burns are expected to create a supply-demand imbalance, potentially supporting $CON price appreciation.
The ConConAI presale is set to end on November 9, with a planned claim and first Uniswap v3 pool scheduled for November 12. The project's planned listing price is $0.01, and the second 20 million $CON burn is also scheduled for November 12.