🔥 What Is Token Burning, and Why Does It Matter?
Ever heard of crypto projects “burning tokens”? It’s a powerful strategy that can drive prices up by reducing supply.
How Token Burns Work:
🔥 Projects send tokens to a ‘dead wallet’ — permanently removing them from circulation.
🔥 Popular tokens like BNB, Shiba Inu, and Luna Classic use burning to boost value.
💡 Pro Tip: Watch for projects with structured burn schedules — they often perform well in bullish markets.