Topic: Token burning - page 4. (Read 1188 times)
If the token or coin has bad demand in the market the burning features won't affect the price because no good demand for the coin, token burning feature is only very good for popular coins with good volumes on exchanges
Burning tokens is like a gateway to shrink max supply for better value but it's not that necessary, look at ripple with billion max supply and trading at 0.2$ per token, if burn happened the value will increase but not necessary, burning is a project team call not investors, and every investors shouldn't invest in a project because they have burn feature
Yes, token burning is a method that can prevent token inflation by limiting the supply.
We know that the more token supply the less the price because the availability of the token is still big.
But if the token supply is low, then the price will rising due the demand higher than the supply.
We know that the more token supply the less the price because the availability of the token is still big.
But if the token supply is low, then the price will rising due the demand higher than the supply.
If the token has a large transaction volume and a large marketcap value, the burn token will affect prices positively because the supply will decrease drastically while demand remains constant or may even increase
Yes, token burning is a method that can prevent token inflation by limiting the supply.
We know that the more token supply the less the price because the availability of the token is still big.
But if the token supply is low, then the price will rising due the demand higher than the supply.
No, token burning is not a method of limiting the supply. Token burning is a process where they permanently remove the existing/circulating supply of a certain coin. We know that the more token supply the less the price because the availability of the token is still big.
But if the token supply is low, then the price will rising due the demand higher than the supply.
But it is true that they undergo this process to lessen the supply and increase the price, however, this is not a successive method nowadays because even if they decrease the supply, they are having a problem of increasing their demand.
That's what the team has to work out, they need to improve and develop the project so the demand will increase and of course the value will rise.
Yes, token burning is a method that can prevent token inflation by limiting the supply.
We know that the more token supply the less the price because the availability of the token is still big.
But if the token supply is low, then the price will rising due the demand higher than the supply.
No, token burning is not a method of limiting the supply. Token burning is a process where they permanently remove the existing/circulating supply of a certain coin. We know that the more token supply the less the price because the availability of the token is still big.
But if the token supply is low, then the price will rising due the demand higher than the supply.
But it is true that they undergo this process to lessen the supply and increase the price, however, this is not a successive method nowadays because even if they decrease the supply, they are having a problem of increasing their demand.
Yes, token burning is a method that can prevent token inflation by limiting the supply.
We know that the more token supply the less the price because the availability of the token is still big.
But if the token supply is low, then the price will rising due the demand higher than the supply.
We know that the more token supply the less the price because the availability of the token is still big.
But if the token supply is low, then the price will rising due the demand higher than the supply.
I'm not interested in saying too much. Because if the investor is motivated or encouraged by this then I don't see any loss. It's always depends on concept and purpose of the project which real in life . Burning is just additional kickoff for them to give value to the price which absolutely useless attempt. My opinion .
Token burn dosent mean much , sometimes it might be lack of good plan . Most times it might be just to show transparency or to discard excess tokens. But the demand for the coins is the mist important
It means a lot before, but since token burning was often used by most projects, it loses its real purpose. Project developers also weren't able to apply this in the right way, because even without the demand or investors they still do it just to get enough investors, however, investors already know this kind of trick and they already know that this is ineffective nowadays.
Token burn dosent mean much , sometimes it might be lack of good plan . Most times it might be just to show transparency or to discard excess tokens. But the demand for the coins is the mist important
Do not let 'token burn' be your priority when investing in crypto coins, most times tokens or coins with this burn feature are useless, in the end you will still end up with a useless coin or token, the answer is usecase, good use case with burn feature will do so much good than a coin with no usefulness but burn feature only
At least token burn can make the coin value more higher in the future.
If the token demand going high, the price of the coin will rising and the token burn will make the price rising more.
The token burning proves the team is serious to support their project by buybacking it.
Yes token burning or buy back can only be effective if the business is already successful and generating big enough revenue so that the buy back can result in significant price increase, if they are only burning a small amount of coins it will not impact price much.
Token burning is often done by some project developers and aims to improve the quality of the price of the token so that it has a high sale value, but sometimes it does not correspond to reality. and of course the success of the token burning also depends on market demand.
Burning token is an effective method how to encourage the growth of price. Because you reduce the number of circulating tokens, so token become more rare and this is associated with its higher price. Why diamond is expensive? Because it is a rare thing. 
Token burn doesn't impact the price on the short term, but if some projects keep burning tokens consistently they will reduce the supply and bring price appreciation for long term investors who can hold for several years.
On the other hand, token burn gives some idea to the investors about the valuation of the token. Institutional investors may be doing token valuations by looking into burn metrics.
On the other hand, token burn gives some idea to the investors about the valuation of the token. Institutional investors may be doing token valuations by looking into burn metrics.
Do not let 'token burn' be your priority when investing in crypto coins, most times tokens or coins with this burn feature are useless, in the end you will still end up with a useless coin or token, the answer is usecase, good use case with burn feature will do so much good than a coin with no usefulness but burn feature only
in general, reducing the supply of tokens by burning them can increase the price of the token in question. it's just that, it will function when the burned token has a great need for its users. however, some token burning sometimes becomes useless, because basically there are not so many users of the token. that's what I think about this
Yes in the real sense token burn should increase price due to less circulating supply. However, this burn function has been used over time to pump the price of coins, until it no longer moves the market. Coins like BNB and KCS do quarterly burn, now it looks normal and doesn't create FOMO as before.
Agree, in the short term, we won't see much benefit from the coins like BNB and KCS, but if you compare with the ICO price already the coin prices have increased a lot, a company is following their roadmap procedure in order to increase the coin value. The market should also support because when we see uptrend then the coin price will surely increase.
in general, reducing the supply of tokens by burning them can increase the price of the token in question. it's just that, it will function when the burned token has a great need for its users. however, some token burning sometimes becomes useless, because basically there are not so many users of the token. that's what I think about this
Yes in the real sense token burn should increase price due to less circulating supply. However, this burn function has been used over time to pump the price of coins, until it no longer moves the market. Coins like BNB and KCS do quarterly burn, now it looks normal and doesn't create FOMO as before.
Agree, in the short term, we won't see much benefit from the coins like BNB and KCS, but if you compare with the ICO price already the coin prices have increased a lot, a company is following their roadmap procedure in order to increase the coin value. The market should also support because when we see uptrend then the coin price will surely increase.
Hey
I have noticed a few projects that developed a deflation system for their coins/tokens called burning.
They burn their tokens on a special occasion or simply when someone pays their product with the native token. They burn few percent of the price.
What do you think about this? Imo, if people actually buy the produc then it can really reflect the price of a coin?
Let me know what you think.
I have noticed a few projects that developed a deflation system for their coins/tokens called burning.
They burn their tokens on a special occasion or simply when someone pays their product with the native token. They burn few percent of the price.
What do you think about this? Imo, if people actually buy the produc then it can really reflect the price of a coin?
Let me know what you think.
ot is not nessessary that price will grow. maybe little pump after news about burning. but often price fall back when people understood that situation was not changed. because circulating supply was not changed because burned pool was from locked tokens which was allocated for "to support the project". i thibk this kind of burning is fake.
in general, reducing the supply of tokens by burning them can increase the price of the token in question. it's just that, it will function when the burned token has a great need for its users. however, some token burning sometimes becomes useless, because basically there are not so many users of the token. that's what I think about this
Yes in the real sense token burn should increase price due to less circulating supply. However, this burn function has been used over time to pump the price of coins, until it no longer moves the market. Coins like BNB and KCS do quarterly burn, now it looks normal and doesn't create FOMO as before.
in general, reducing the supply of tokens by burning them can increase the price of the token in question. it's just that, it will function when the burned token has a great need for its users. however, some token burning sometimes becomes useless, because basically there are not so many users of the token. that's what I think about this
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