💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
What is coin burning in crypto? 🔥
This is when tokens are destroyed. Forever. They are sent somewhere that cannot be reached. Why? Well, it's kind of to make there be fewer of them.
Projects do this for various reasons:
1. They want the price to rise 📈
Fewer coins - the more expensive each one. Sort of.
2. Defeat inflation 💪
Burn - and order. I guess.
3. Improve the tokenomics 📊
Sounds smart, right?
4. Investors will like 🤝
They say that we are thinking about the future.
In 2025, this was done:
- ETH: Something was burning with the fees.
- SHIB: Fans often held bonfires made of coins
- BNB: Every three months - bam, and part of the coins is gone
The market reacts differently. Prices can spike. For a short time. Investors become active. Some hold coins longer.
But if you overdo it, you can also cause harm. Liquidity there, stability...
In short, burning is still in vogue in 2025. But you need to be careful with it.