๐Ÿ”ฅ What is Token Burning? | Why Crypto Projects Burn Tokens?

Ever seen a crypto project โ€œburning millions of tokensโ€ and wondered why? ๐Ÿค”

Letโ€™s break it down ๐Ÿ‘‡

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๐Ÿง  Token Burning = Removing Coins Forever

Projects like $BNB, $SHIB, $LUNC, and $CAKE permanently destroy tokens by sending them to an unspendable โ€œburn address.โ€

This reduces total supply and increases scarcity โ€” just like stock buybacks!

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๐Ÿ“‰ Why Do They Burn Tokens?

1. To Reduce Inflation ๐Ÿงฏ

2. To Boost Value Per Token ๐Ÿ“ˆ

3. To Reward Holders ๐Ÿ’ฐ

4. To Show Commitment ๐Ÿ”ฅ

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๐Ÿ’ก Example:

๐Ÿ“Š Binance has burned over 165 million $BNB to date

๐Ÿถ $SHIB famously burned 410 trillion tokens (Vitalikโ€™s burn + community burns)

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๐Ÿ”ฅ Final Thought:

Burns donโ€™t always mean price pump โ€” but they show the project is serious about long-term value.

๐Ÿ’ฌ Do you hold any burn-based tokens?

#TokenBurn #CryptoEducation #BNB #SHIB #CryptoSupply