🔥 What does token burning really mean? 🔥
Have you ever heard of cryptocurrency projects that burn tokens? It's not just a trend: it's a powerful movement!
Here's how it works:
1. Tokens are sent to a "dead" wallet - no one can access them.
2. Smart contracts trigger a burn - reducing the total supply.
3. Scarcity increases - and potentially, so does the value!
Think of it like a digital bonfire: fewer tokens, stronger ecosystem.
Why do it?
Combat inflation
Reward holders
Boost tokenomics
Projects like
$BNB , $SHIB , and LUNC are doing it regularly!
Do you support token burning? Or do you think it's just hype? Let's discuss!
