Burning is now one of the Crucial parts among all coins. I researched many coins price increase so high When burning news come out through twitter. Specially Binance and top coins price goes high with news. With burning all extra coins fund Removed permanently. Its used for decreasing the total supply.
All meme coins use this burn system to make hype in market and many coin Are success due to big burning mechanism.
For example, one of these projects decided to burn tokens immediately and not later. Based on their research, they concluded that in this way the value will increase immediately. I read the documentation and it will be interesting to see whether this solution is correct or not.All meme coins use this burn system to make hype in market and many coin Are success due to big burning mechanism.