Burning tokens does not allow leverage in the direct sense of increasing exposure or using debt, as in margin trading, but can influence the token's appreciation by reducing the circulating supply.

In the case of Shiba Inu (SHIB):

• Frequent Burns: The SHIB community implements burns to decrease the total supply, with the goal of making the token more scarce and, theoretically, increasing the price over time.

• Giant offering: Shiba Inu started with an offering of quadrillions of tokens, which makes appreciation difficult. The fires try to combat this.

Impact:

• If demand for SHIB remains the same or increases and supply falls due to fires, the price may rise (law of supply and demand).

• However, burns do not guarantee appreciation, as they depend on other factors such as adoption, market sentiment and the actual utility of the token.

Conclusion:

Burning tokens is a strategy to try to add value to the asset, but it does not work as direct financial leverage. For Shiba Inu, the fires helped maintain interest, but did not fully solve the challenge of massive supply.