Token burns are events where a cryptocurrency project permanently removes a portion of its tokens from circulation, often to reduce supply and potentially increase value. Here are some notable examples:

1. **Binance Coin (BNB)** - Binance conducts quarterly token burns, using 20% of its profits to buy back and destroy BNB. For instance, in Q2 2023, they burned over 2 million BNB, valued at around $600 million at the time.

2. **Shiba Inu (SHIB)** - The SHIB community has organized burns, with a significant event in April 2023 where 410.3 trillion SHIB tokens (worth about $4 million) were sent to a dead wallet, supported by initiatives like Shibarium's transaction fees funding burns.

3. **FUN Token** - On June 24, 2025, FUN Token executed a burn of 25 million tokens, funded by platform revenue, aligning with its deflationary model to enhance scarcity.

4. **Ripple (XRP)** - In 2017, Ripple burned 55 billion XRP (about half its total supply) to create a trust and signal commitment, though subsequent burns have been smaller, like the 12 million XRP burned in transaction fees by mid-2023.

These burns are typically recorded on blockchain explorers like Etherscan or BscScan, ensuring transparency.