What happens to coins located in contract address(BEP-20/ERC-20 token)

The issue here is that 0x4F96Fe3b7A6Cf9725f59d353F723c1bDb64CA6Aa and 0xFf795577d9AC8bD7D90Ee22b6C1703490b6512FD aren't the same token. They are both tokens on Kovan, but since they aren't the same address, they aren't the same token. According to MakerDAO, the official DAI address on Kovan is the one that Uniswap is using (0x4F96Fe3b7A6Cf9725f59d353F723c1bDb64CA6Aa). I believe Kyber just created their own token called DAI to make it easier for them to test their platform on Kovan.

I believe you're searching for logic in a place where it does not exist. Burning tokens before token "launch" is actually a shitcoin trend which makes zero sense and in general something doesn't have to make sense if everyone does it. Burning tokens which are not backed up by any kind of liquidity is useless. Shitcoins cannot offer much in the way of project functionality, development or roadmap, simply because the majority of them are made by:

• people who do not have the needed knowledge to bring greater scalability to the project
• people who are starting the project as a joke
• or people who are starting the project in order to scam

So what I'm trying to say is they're basically looking for any type of announcement to make the project to look like it's alive for the investors. Also don't forget that shitcoins are copy cats, they're strictly following and copying one another - same websites with different logos, colors etc, same nonce coin burn before "launching" and the very same smart contract code. I did some research lately and from 30 shitcoins about 20-25 used the exact same smart contract just different contract names. I cannot wait for this shitcoin era to end, because too many new investors are losing money in this speculative trading of nonsense tokens.