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Tokens are burned by sending of sending tokens to a supply, which decreases the number.
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Crypto Education: Token Burning Explained - Animation - CryptomaticsToken burning is the process by which a given amount of a crypto asset is permanently removed from the circulating supply in order to decrease the overall. Burning cryptocurrency is a popular method of boosting the value of a coin or token. Essentially, token burning removes coins from circulation. Coin burn is the deliberate destruction of cryptocurrency coins by sending them to an unrecoverable wallet address. It helps maintain scarcity of the.
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