If Binance lists BFG, it will be a huge event for Betfury. Undoubtedly it will pump the price of the token. But lately, Binance rarely lists new coins. And the selection of candidates is tougher. I think BFG has little chance of getting listed on this exchange.
Yeah, if the listing on Binance happened, the BFG token would most likely immediately be pumped by 5-10 times or even more, given that BFG has a huge potential for growth as its market cap is only $34 million at the moment. At the same time, we shouldn't focus only on Binance. It would also be good if the Betfury team could get listed on exchanges like Kucoin or OKX. I'm more than sure that the requirements for listing on these two exchanges are much more loyal compared to Binance.
Well if it reaches Binance, as everyone says that would boost the BFG token, particularly me when I see that a token or coin is listed on Binance that is synonymous with guaranteed success, Binance is listed as one of the best level 1A exchanges out there and with more confidence worldwide, and every token that enters like this can be considered as potential, even for those investors who do not know where the token comes from, because not all investors play in casinos or take risks with their money, everything they leave it in the trade and put it at the disposal of the investment, which seems much safer to them.
So far monthly burns give imho no impact. Like the price was 3 cents during good times, it stays the same all the time. Bitcoin price change is the only thing that impacts on the price. I dont even think that burns really helped. I might even consider not doing burns, but keep more mineable tokens. Imho, adding more usability to token, or perks for holder (more you hold, better bonus you get) will be a better solution. And by perks I mean not distributing more staking rewards, something else.
Monthly or weekly token burn strategy is no longer an alternative solution to increase token price, as you said it is better to add burn allocation for holders profit than burning it without price increase effect, it can also be added for new utility for holder and create big reward to attract investment from new traders.
Well we all know very well that the most viable, profitable and easy solution is for them to list the BFG tokens on Binance or at least on an exchange that is up to that point, if what they want is for them to buy their tokens, I don't see another alternative, if more benefits can be offered, but I think we have to go to another level, but of course I imagine that the Betfury team will already have all this very clear and on the table.