What is Crypto Burning? The act of sending a token to an inaccessible address. It's a deflationary process that permanently removes cryptocurrency tokens or coins from circulation. This creates scarcity in the supply which in the long run rises it's value. In other words, crypto buyers will compete to own a few coins which rises the price of that cryptocurrency. EG. $LUNC needs more burning since it has a very huge supply of over 5000B+ tokens. #BinanceTurns7#Write2Earn!#BinanceAcademy
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