In the crypto world, token burning is like stock buybacks in traditional finance — and it can be a powerful signal.
Projects burn tokens to reduce supply, increase scarcity, and reward holders. It’s a long-term play, not just hype.
🧯 How Does Token Burning Work?
Token burning is the process of permanently removing a portion of a cryptocurrency’s supply by sending it to an inaccessible wallet (burn address). This helps:
🔻 Reduce circulating supply
💰 Increase token value over time (basic supply-demand)
🧠 Show commitment from the team
🔥 Popular Projects That Burn Tokens
BNB – Binance burns BNB quarterly based on trading volume.
SHIB – Massive burns supported by the community for price impact.
LUNC – Terra Classic community-led burns to revive token interest.
CAKE – PancakeSwap regularly burns to balance inflation.
ETH – With EIP-1559, a portion of every transaction fee is burned.
📈 Why It Matters for Traders
Token burns create positive market pressure. When combined with rising demand, this can lead to explosive price movements — especially for low-cap coins with limited supply.
Pro tip: Watch for burn announcements or fixed-burning schedules. They often spark interest and price action.