Quote from: rjsolutions28 on August 26, 2021, 06:06:44 PM

Quote from: Cleaner00 on April 26, 2021, 08:02:17 AM

There are many of us who do not know what is burning coins or tokens, so I will highlight the details for them today.
Coin or token burning is the removal or burning of a coin from its total supply. We can call coin burning the amount of coins that will be removed from the total supply of a coin.The main purpose of burning all coins is to reduce the amount of coins.
Suppose you burn ltc coins, now suppose LTC has a total supply of 100000000, now if you want to burn 20% coins of this project, they can burn coins slowly.

Coin burn results:
The result of burning coins is that they will reduce the amount of coins from the supply. As a result, the supply of that coin will decrease and the price of the coin will increase. We all know that 50% of the bnb coins were burned. And as a result, the price of bnb coins is much higher now.

Ditto on that. Burning is literally reducing coins to increase profit. Platforms like Defi Magic https://bsc.defimagic.io/#/ is a burning utility token ecosystem. They also have high staking incentives and Liquidity Generator. It's one of the best Crypto Projects I have invested in so far.

How much percent coin burning and could you give detail about supply from this coin, I think if have developer brave like TWT coin burn almost 90% is very fantastic and make TWT price pump suddenly from few cent now almost reach $1. Not any developer want to burn their money but TWT team that very brave how to make coin keep stable higher price by burning.