What is the concept of deflationary in cryptocurrencies?

🪙 "A currency that decreases in number every day? 🤔 That's the secret!"

🔍 Some currencies like $BNB or $SHIB rely on a burning mechanism, making them deflationary, meaning their supply decreases over time.

✅ Expected results:

Increase in value over the long term

Decrease in supply against demand

Create an incentive for early buying

🔥 Latest example: The recent burn of currency $BNB reduced over a million coins at once!

💬 Do you believe in the idea of burning as a way to raise the price?

#BNB #CryptoBurn #DeflationaryTokens #BinanceSquare #WriteToEarn