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$NS climbs above 19% after dropping $NS Token Burn Notice
$NS, utility & go eenance token powering SuiNS, a decentralized, blockchain-based naming system built on the Sui Network, is up more than 19% in the past 24hours, & now trades around $0.09452, with inflow of $1.76M, & trading volume of $25.59M, as per Gate.io chart.
This follows the huge engagement across the community amid the latest report from the platform that the $NS token is going deflationary, with the Burn mechanism for protocol fees coming to the Sui Name Service dapp.