that is true. btc bull run affects all altcoins it hits on the scheduled plans of altcoins proving that bitcoin is thy father.maybe on trig case, there are lots of dumper before the burning of tokens held. the basic rule is the higher the demand, the higher the value and demand is based on supply the lower the supply the higher the demand thats why scarce supply of tokens will lead to higher value of AMM token
So it will be as long as bitcoin rules the world of crypto-currency. I think eventually he will lose leadership. It is not his place that the ethereum will probably rise with subsequent updates, or some other functional token. Until then, yes, bitcoin will affect all other coins.
And about burning, you all rightly said. If the burning of coins causes a deficit, then an increase in demand causes a further rise in price. I think that it will be with AMM tokens.
thanks for the supplementary.
about the bitcoin leadership, i think the reign of bitcoin is not yet to come. the gap between the dominance of BTC to other coins is huge and most of the big investors believe in btc because it is strong and the segwit and forks makes it stronger. 60% market dominance is great but who knows this is crypto and it is crazy.