One of the most powerful ways crypto projects control supply and boost price is through token burning — permanently removing coins from circulation. But how does it work, and why should you care?
Let’s break it down 👇
🧯 What Is Token Burning?
When a project “burns” tokens, it sends them to an address no one can access — meaning those tokens are gone forever. This reduces total supply.
It’s like buying back shares in the stock market — it creates scarcity.
📈 Why It Affects Price
As supply drops and demand rises, the price often follows. It’s basic economics.
Projects like:
🔸$BNB
BNB — burns via real profits from Binance ecosystem
🔸 $SHIB
SHIB — community-led burning to reduce excess supply
LUNC — now uses burning as part of its revival strategy
have all seen price surges around burn events.
📌 What You Should Watch For
Look out for:
✅ Scheduled or regular burns (e.g. BNB’s quarterly burn)
✅ Burn rates (how fast coins are burned)
✅ What fuels the burn — revenue, volume, or gas?
Tokenomics matter — and burn mechanisms show how serious a project is about long-term value.
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