The main reason for burning cryptocurrencies is to improve the value of other coins that are still in circulation. Most coins have a finite and specific total number of coins that should be in circulation. If the demand for a particular coins remains constant, the value of the coins should increase because the supply is limited. The notion is derived from the law of demand and supply. If there are fewer coins to satisfy the overall market, the currency will become more valuable and desirable. Increased demand and a limited supply are noted by a constant increase in the cryptocurrency price. However, companies should realize that token burning is not a guarantee that the price of the remaining coins will improve. Regardless of the number of coins in circulation, the value of cryptocurrency coins is determined by demand and supply, or the amount of money that investors can pay for a coin.