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Topic: Does this make any sense? - page 2. (Read 265 times)

full member
Activity: 625
Merit: 100
June 04, 2021, 03:10:35 PM
#4
 Grin Well, it rolls and what? Burn it 2 times. The quantity and price will rise. Perhaps this is indicated in the project roadmap. Personally, I see the point in burning tokens. You go to binance and then you burn half and the price goes to the ceiling)
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
June 04, 2021, 03:07:27 PM
#3
Crypto experts in the house please your attention is very needed right now, does it even make any sense to burn of tokens max supply gradually when the token or project have not been listed on exchanges? Does this make any sense?? Thanks
That's not a big deal even if there's no exchange yet listed on it.

If it's part of their road map and if it is listed on the whitepaper then they're just following what has been planned. Burning of tokens is known to be done so that the circulating supply will be lessen.

And it's going to increase the demand of the token but not all projects that do this becomes successful.
legendary
Activity: 2660
Merit: 1261
June 04, 2021, 01:26:19 PM
#2
Not any make sense.

IMO, is not actually burn that just a reduced token supply because the token they are burn is not coming from circulation in the market, so basically is really useless since the token still don't have any price.
member
Activity: 504
Merit: 16
June 04, 2021, 01:22:10 PM
#1
Crypto experts in the house please your attention is very needed right now, does it even make any sense to burn of tokens max supply gradually when the token or project have not been listed on exchanges? Does this make any sense?? Thanks
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