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Why Crypto Is Burned: What Does It Mean? » Webskys1985

Supply Control: Burning crypto reduces token supply, adjusting scarcity and potentially increasing value.

Economic Strategy: Projects burn tokens to optimize their ecosystem, attracting investors and users.

Deflation Impact: Token burns introduce scarcity, which can make tokens more valuable over time.

Community Focus: Transparent token burns engage the community and highlight project commitment.

Community Focus: Transparent token burns engage the community and highlight project commitment.

Unsold Prevention: Burning excess tokens post-sale prevents dilution and benefits active holders.

Smart Contract Use: Tokens are burned as part of smart contract execution for specific actions.