🔸 What is cryptocurrency burning? 🔥💰

Cryptocurrency burning means permanently removing a certain number of coins from circulation by sending them to a special address that no one can access or use.

💡 Why is burning done?

1. Reducing the supply of the currency 👉 which may increase its value.

2. Increasing trust in the project.

3. Rewarding current investors by reducing inflation.

📌 Example: Imagine if you had 100 coins, and 20 of them were burned, now only 80 remain, and this may make each of them more valuable 💎

Do you think burning coins benefits investors? Share your opinion in the comments below 👇