Token burn- A method to increase crypto holder’s worth?

Token burning is quite a common approach adopted by many crypto projects for the purpose of restricting their supply. Recently, on July 18th, Binance completed its 16th quarterly BNB burning of 1,296,728 tokens.

During the launch of BNB, Binance was committed to burning 100 million tokens, where the burning program involves the destroying of BNB after their buy-back…

Source: https://medium.com/blockonomist/token-burn-a-method-to-increase-crypto-holders-worth-682e2d953a01?source=rss——-8—————–cryptocurrency