Eidoo is burning  500.000 tokens.  up to 8 January 2018 all 500.000 Edo will be burned. 

This usually means that the price will go higher because the supply gets smaller. It’s not a guarantee but usually it works this way.

![E73861C5-2B44-418A-B38D-7F9CC8A21886.jpeg](https://steemitimages.com/DQmaGkZfpzxwSMpcsyMAZz5SPAFazx2xUa27f8KZnuQbWc2/E73861C5-2B44-418A-B38D-7F9CC8A21886.jpeg)


Source:
https://medium.com/eidoo/eidoo-to-destroy-500-000-edo-tokens-c37583988fe0?source=linkShare-58a183e8b03e-1515334426