In theory, burning coins can reduce the supply of coins in the market, and this is usually done to increase the price of a Crypto coin. Some are successful in this way some are fixed and do not change, but most of the time after the burning of coins the price will increase because many traders and investors are interested in buying them.
But if we want to invest in a coin that is burning coins, we have to do some more research. study the coin, its history of change in price and also other factors that can affect it.