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Generally, tokens are burned to either increase the value of a crypto asset by reducing the supply or to create publicity and visibility for a token. Both of these are considered 'bullish' by investors and being able to invest during a major token burn could see the value of that investment appreciate considerably. Among the tens of thousands of tokens that are running across chains, the only way to keep track of all burns – major or minor – is to do it manually, by keeping track of tokens across various social media, which can be difficult for even the sharpest of investors. Moeta developed a set of utilities and features designed around burns, making it easier for investors to keep track of burns and stay on top of the market and make calculated investment decisions.
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