🔥 What is Token Burning? | Why Crypto Projects Burn Tokens?

Ever seen a crypto project “burning millions of tokens” and wondered why? 🤔

Let’s break it down 👇

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🧠 Token Burning = Removing Coins Forever

Projects like $BNB, $SHIB, $LUNC, and $CAKE permanently destroy tokens by sending them to an unspendable “burn address.”

This reduces total supply and increases scarcity — just like stock buybacks!

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📉 Why Do They Burn Tokens?

1. To Reduce Inflation 🧯

2. To Boost Value Per Token 📈

3. To Reward Holders 💰

4. To Show Commitment 🔥

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💡 Example:

📊 Binance has burned over 165 million $BNB to date

🐶 $SHIB famously burned 410 trillion tokens (Vitalik’s burn + community burns)

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🔥 Final Thought:

Burns don’t always mean price pump — but they show the project is serious about long-term value.

💬 Do you hold any burn-based tokens?

#TokenBurn #CryptoEducation #BNB #SHIB #CryptoSupply