Big news came from one of Indonesia’s largest crypto projects, DRX Token. The utility token that combines the sports industry with Web3 technology announced that it will be performing its first token burning.
In a social media post on 09/12/2025, founder and CEO Kash Topan announced that DRX Token will burn 5 billion tokens in the near future.
This is equivalent to 10% of DRX Token’s total supply, which is 50 billion. This makes it one of the largest token burnings in a single period in Indonesia’s cryptocurrency ecosystem.
This moment emphasizes DRX Token’s commitment to maintaining and enhancing DRX Token’s healthy tokenomics. DRX not only focuses on trading but also on utility and real-world values through staking, redemption, and vast implementation in the DRX Sportnet ecosystem.
Kash Topan also explains that this token burning is a form of appreciation for DRX Token’s loyal community.
In the midst of accelerating local token growth, many altcoins focus on pumping supply to increase user adoption.
However, DRX Token is taking a courageous step in eliminating 10% of its total supply to increase value. This decision will automatically benefit DRX Token holders.
DRX Token’s burning announcement is met with enthusiasm from the community and national news.
“This is what holders have been waiting for. Burning time! Hopefully, DRX will go to the moon,” a user commented.
This is DRX Token’s first burn. However, as a utility token with a visionary roadmap, it won’t be the last.
Kash Topan promises DRX Token will perform token burning in several phases to continuously manage supply and increase token prices. A healthy tokenomics is the key to investor confidence.
Burning is the process of destroying a portion of a token’s circulating supply to increase scarcity and token value. Understand the token burning mechanism and its benefits for a token project’s ecosystem in the article: What is Token Burning? Definition, How It Works, and Impact on Crypto Prices. Don’t forget to keep an eye on DRX Token’s social media channels to stay updated on token burning announcements.
