What we should understand about crypto burning

Crypto burning is a process in which cryptocurrency tokens or coins are intentionally destroyed or removed from circulation, typically through a transaction that sends them to a non-retrievable address or a smart contract that renders them unspendable.

The purpose of coin burning can vary, but it is often done to reduce the total supply of a particular cryptocurrency in circulation, which can increase the value of each remaining token.

It can also be used as a way to reward existing token holders by reducing the dilution of their holdings.

The merit of coin burning is that it can create a scarcity of tokens, leading to an increase in demand and potentially driving up the price of the remaining tokens.

Additionally, it can help to maintain the integrity of a cryptocurrency’s blockchain by removing excess or obsolete tokens.

The demerit of coin burning is that it can lead to a decrease in liquidity and potentially create volatility in the market. Additionally,

It can be seen as a form of manipulation by some investors, particularly if the coin burning is done to artificially inflate the price of a token


Crypto burning refers to the process of permanently removing a certain amount of cryptocurrency tokens from circulation, typically by sending them to an address from which they cannot be spent or retrieved. This is often done to reduce the total supply of the cryptocurrency, which can increase the scarcity and value of the remaining tokens.


Yes you just explain burning in summary like I’m just five.

Thanks mate

Its always great to learn, i hope newbies here follow what you are doing and learn some things for themselves. Keep it up

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Esta sería la definición correcta de lo que significa la quema de tokens.

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Yes same way learning Never stops.
Also CRYPTO education is important for newbies and guru


Straight to the point explanation, thanks