Topic: Coin Burn? - page 5. (Read 679 times)
Yes.. its beneficial...but have different aspects too...
Yes, the dev burn the coin to decrease the total supply of the coin and burning the token can push the value up, it is a nice move from the dev to burn the coin especially the coin in their possesion as sometimes people don't want to buy something because the supply is too large.
yes it decreases the amount of coins, if the team does not have some hidden code that can retreive the coins from the "burn address" ...
usually used after ICO when people did not buy all the coins
usually used after ICO when people did not buy all the coins
Hi,
What happens with coin burning? Im guessing it will decrease the total available but not sure
I read this could be happening with TRX (Tronix)
Could this push its value up?
What happens with coin burning? Im guessing it will decrease the total available but not sure
I read this could be happening with TRX (Tronix)
Could this push its value up?
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