With many ICO's not selling so much of their tokens or not reaching the hard cap, many of these token's price always plummeted after entering the exchange. With the excess tokens that are not sold during the ICO are being burned, it is really possible that a fewer circulating supply of tokens will make it rarer thus it is more valuable? More valuable meaning pricier thus each holder of token will get more from what they bought? Or it is actually the opposite? What is your opinion about?
Please don't hate me for my thinking. If you know that I'm wrong, please correct me.
Please don't hate me for my thinking. If you know that I'm wrong, please correct me.
Yes, most probably you could gain a better price from it if the project team would decide to burn out the token that is not sold. From my knowledge locking out of time from the team side is also a good reason for the token to have more value.
