RON Crypto to Go Parabolic as Ronin Reveals Token Burns: Time to Buy?
Yahoo Finance·2025-09-22 04:45
Ronin, the blockchain behind the hit game Axie Infinity, has announced a new plan to strengthen its token economy through smart moves that have surged the RON price. Is it a good time to buy RON? Let’s dive in. The Sky Mavis-built network said on Sept. 21 that it will begin buying RON from the open market starting Sept. 29. Over about a month, the team will convert its Treasury’s 890 ETH and 650,000 USDC, roughly 5M, into RON. At current prices, that equals about 1.3% of circulating supply. All pu ...