How does token burning work and why in the crypto world?⚡️ Hamster Academy

⚡Hamster Academy⚡ Hello hamsters! 🐹 Today the academy is on fire (almost literally)! Do you have any idea what today is about? Two words: token burning. Today's Hamster Academy is about token burning — a fascinating mechanism where excess tokens are intentionally removed from circulation to reduce supply and stabilize the market. Just like removing moldy supplies from the hoarder's den to keep everything fresh, token burning ensures balance and sustainability in the crypto world. We explain how it works: Tokens are sent to a “burn” address, making them irretrievable forever. Real-world examples include the Ethereum EIP-1559 burning mechanism, which burns gas fees to make Ether more scarce, and the quarterly Binance Coin burns, where millions of BNB tokens disappear to preserve market value. We'll also talk about Shiba Inu's massive token burns, where trillions of tokens are burned to boost its potential, and the dramatic fall of Terra (LUNA), where the burn was used to preempt the system to stabilize catastrophic collapse. Why do projects burn tokens? To manage supply, increase scarcity and influence value — but things don't always go as planned. Learn how token burning is shaping the future of blockchain. Subscribe and remember: Hamsters are the power 💪 #hamsterkombat #hamsteracademy #crypto #cryptocurrency #cryptocurrencies #cryptoexplained #cryptocurrencyexplained #cryptoforbeginners #token #tokens #tokenburn #tokenburning #ethereum #binance #binancecoin #bnb #shibainucoin #shibainu #terra #lunatoken Watch each video carefully to get hints that you can use later Work your way from shaved hamster to grandmaster CEO of the tier 1 crypto exchange Buy upgrades, complete quests, invite friends and become the best. And watch me on YouTube now TG — http://t.me/hamster_kombat PLAY — https://t.me/hamster_kOmbat_bot X — https://x.com/hamster_kombat