Celsius (CEL) rallies 360% following massive token burn

The native token of the now-defunct Celsius Network, CEL, has recorded an impressive price surge following its massive token burn. On-chain data shows that Celsius burned over 94% of its total supply on April 30 — plunging from 695.65 million CEL to 40.55 million CEL. The tokens were sent to a null address, marking the third-largest transaction in the Celsius...