Burning a coin is the transfer of all non-distributive and non-purchased coins to a certain zero purse. This reduces the share of available coins.
This has a positive effect on the coin,
You bumped this 6 months old thread, congratulations This has a positive effect on the coin,
.Burning is the way how to increase the price of the token/coin. It is because you reduce supply but the market cap is same and also a lot of hype comming everytime when some coin announce the burning
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