🔥 Token Burn: Why Does It Matter in the Crypto Market?
Have you heard of token burn? It's when a project permanently removes part of the supply of a coin by sending the tokens to an inaccessible wallet (“dead address”).
The effect? Scarcity. Less supply → more potential value for those holding the asset.
📌 Real example: OKB
Last week, OKX conducted a massive burn of over 65 million OKB, cutting the supply in half. Result? The price surged over +200%, reaching a new all-time high around US$ 140.
⚡️ This movement was possible because OKB already has a deflationary model: periodic burns linked to the exchange's profits. In other words, the more OKX grows, the more tokens are burned — creating a cycle of appreciation for holders.
💭 And you, do you believe that scheduled burns are a fair way to add value or just a short-term speculation trigger?
