To some, token burning is something good (since it brings the prices up) but to some it ain’t good.
I myself finds token burning a good news on most of my investments.
But why do peojects find the need to burn tokens Blockchain Projects Burn Tokens for Specific Benefits and Objectives and not just because they just need to burn.
Burning is like sending of tokens to a null address. They just send it to what we call a “dead address”
Something like a wallet with lots of funds that no one got the private key (so funds won’t be usable)