Press Release View Non-AMP

STREAM COIN Burn: Here’s Everything You Need To Know

Published by
PR Manager

STREAM announced updates regarding the burning of STRM coins.

With how well things are going for STREAM, it is no surprise to hear that it has already sold out in pre-sale.

A few days ago, CEO Michael Ein Chaybeh announced video updates regarding STREAM’s progress. Here, he gracefully thanked all the investors and community members for their overwhelming support for STREAM.

He said that he was thankful for their belief in the team behind STREAM and for driving the entire project to a stable path.

To note, STREAM is now less than a month away from its first round of public sale on February 1, 2022. Even though it’s still weeks away, CEO Michael Ein Chaybeh proudly said that it has already sold out in presale — much faster than they had anticipated.

He continued on and also announced that STREAM has just completed burning 1.64 billion coins from the allotted amount in the ICO and another 1.64 billion coins from the ecosystem and marketing. Hence, the total supply of STRM was reduced to 5.52 billion coins, as of January 5th.

This will definitely impact the entire supply and demand of STRM, which is why, for those who are interested in getting hold of STREAM (STRM) Coins, it’s better to partake in the public sale.

With the remaining time that STREAM has before its scheduled public sale, CEO Michael Ein Chaybeh mentioned that the team will use this time to focus on the global marketing of the ICO as well as the research and development of STREAM’s platform.

Having said all this, one could infer that the team behind STREAM is working hard to meet the expectations of investors, community members, and prospective users of its platform. As the number of engagements and subscribers for STREAM increases, so does the hype and anticipation that people have for it.

Going back to the video, CEO Michael Ein Chaybeh ended it by wishing everyone a happy and prosperous new year.

To find out more about STREAM, please visit their website

Disclaimer and Risk Warning

The content featured on Coinpedia's press release page is provided for informational purposes only. Coinpedia does not endorse, verify, or take responsibility for the accuracy, completeness, or reliability of any press releases or associated materials. Any views, opinions, or statements expressed in these press releases are those of the respective issuers and do not reflect the opinions or positions of Coinpedia. Coinpedia is not liable for any content, products, services, or actions mentioned in the press releases. Readers should independently verify the information before taking any actions related to the subject matter of the releases.

PR Manager

Press release about recent ICOs, announcement from startups, new cryptocurrency launch by firms and unlike.

Recent Posts

Solana Price Rally Gains Momentum: Can SOL Flip $100 Hurdle?

Solana price rally is gaining momentum as the broader crypto rally lifts market sentiment. SOL…

April 8, 2026

Exclusive: How the Ceasefire Is Affecting Bitcoin Price, Sentiment Shift or Short-Term Noise?

The sudden announcement of a two-week ceasefire between the United States, Israel, and Iran has…

April 8, 2026

Swiss Banks Launch CHF Stablecoin Sandbox Led by UBS and Partners

Switzerland just made one of the biggest moves in its financial history. Six major banks,…

April 8, 2026

Ex-China Mining Giant Jiang Zhuoer Shorts ETH, Bear Market Ongoing

Jiang Zhuoer, once a top Bitcoin mining leader in China, says he has shorted Ethereum,…

April 8, 2026

What Will Happen To Bitcoin Price In These 2 Weeks Of US-Iran Ceasefire

Bitcoin price on Wednesday finally surged above the $70,000 USD mark, a level it has…

April 8, 2026

Iran Loses Nearly 77% of Its Bitcoin Mining Power

Iran’s Bitcoin mining sector has taken a major hit amid the ongoing conflict involving the…

April 8, 2026