cryptofamily

The Binance crypto exchange conducted the 29th quarterly burning of BNB tokens, destroying 1.77 million coins, which is equivalent to $1 billion

I am a happy father of many children. I spend my free time on my children and studying the crypto market.

You can't go back and change the beginning, but you can start where you are and change the ending. 
- C. S. Lewis

In theory, the price should increase by reducing its supply.

What follows after token burning?
1000 $DEGEN

This should have a positive impact on the token's exchange rate 1001 $DEGEN

This is done to increase the value of the token

How will this affect the value of the token? 1001 $DEGEN

What do you think this could lead to? Will the price of the token go up? 1000 $DEGEN