Questions tagged [burns crypto coins]

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Tommaso Tommaso Tue Aug 27 2024 | 6 answers 1020

Who burns crypto coins?

Who exactly are the individuals or entities that engage in the practice of burning crypto coins? Is it a common occurrence or a relatively rare one? Are there any specific motivations behind this action, such as a desire to reduce the overall supply of a particular cryptocurrency or to protest against certain aspects of the blockchain ecosystem? Additionally, what are the potential consequences of burning crypto coins, both for the individual performing the action and for the broader cryptocurrency market?

Who burns crypto coins?

|Topics at Cryptocurrency Q&A

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