$LOOKS Recently, some people have noticed that the burn address (0x…dead) for LOOKS has been accumulating tokens.

Let’s be clear:
Burning tokens is not trading, not arbitrage, and not a guarantee of price increase.

The essence of burning is simply —
someone actively reduces supply in an irreversible manner.

In a structure where tokens are fully unlocked, with no new issuance and no team dumping,
the supply should remain static.

But when tokens are transferred to the burn address,
those tokens will never return to the market.

This is not a short-term trading behavior,
but a stance of conviction.

Whether the market accepts it or when the price reacts,
no one can guarantee.

But one thing on-chain is certain:
the supply has truly decreased.