@candedwe

Token burns involve permanently removing a certain number of tokens from circulation, typically through a smart contract. This reduces the total supply, creating a scarcity effect that, in theory, could drive up demand and increase the token’s value. By reducing supply over time, token burns are often used as a deflationary mechanism, especially in projects with high inflation rates. While burns can be seen as positive for token holders, the actual price impact depends on the scale of the burn, market sentiment, and the underlying utility of the token. If the token doesn't have strong use cases or community support, burns alone may not result in long-term price growth.

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