0.087828
KAS Current Price
97.4M KAS
Total Fees
1,324
Tokens Deployed
$3.0B
Market Cap
crypto.news 2024-11-20 20:40:04

What does it mean to burn crypto? Crypto burning explained

What does burn mean in crypto? Crypto burning means intentionally destroying digital tokens or coins. Once burnt, these tokens are gone. This might seem counterintuitive to some investors. Why would a blockchain project purposely destroy some of its own tokens?…