#Uniswap founder burns 99% of #HayCoin supply worth $650B to combat price speculation.
Hayden Adams, creator of HayCoin, removes majority of tokens from circulation. Token burning raises concerns over #HAY price impact and potential tax liabilities.
Assuming a cost basis of $0, a ~$650 billion disposal gives rise to ~$128 billion long-term capital gains liability. 🤣🤣🤣
https://cointelegraph.com/news/uniswap-hayden-adams-burns-650b-haycoin-speculation