According to @AltcoinGordon, an X post claims that 4% of $SWIF’s supply was burned and would now be valued at over $1,000,000, implying a material cut to circulating supply if confirmed, source: @AltcoinGordon on X. Token burns reduce available float and can amplify price volatility in low-liquidity markets, so traders typically seek on-chain confirmation via the token contract and burn address before positioning, source: Binance Academy and Etherscan Knowledge Base.