What is a burn wallet crypto

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In a sense, the burn events built into their code.

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What is a Token Burn?
Burning coins, also known as token burning, is a strategic action taken by crypto projects to remove a portion of their tokens from circulation. When a token is burned, it's sent to a crypto wallet that was created only to retrieve cryptocurrencies. These wallets are linked to burner. Coin burning happens when a cryptocurrency token is intentionally sent to an unusable wallet address to remove it from circulation. The address, which is called.