Lovely Inu is one among the Most-Burnt Tokens in @BNBCHAIN

One of the most benefits for Burning Tokens is to Increase Value.The goal of token burning is to reduce the overall supply of a cryptocurrency, thus raising demand. While burning coins may seem counterproductive, there are several reasons why users burn their crypto.

These include gaining mining rights to mine new blocks as well as helping maintain the value of an asset.

When burning the coins, the coin supply will decrease, causing scarcity. The scarcity is what spike up the coin demand. With higher demand, the price will also increase.