my school economics made it clear that when a commodity is scarce, there's a tendency for the price to go up.
That of cryptocurrency is not far from this principle else; why do you think people are needed to buy into a token? is it not to buy up and create such scarcity. Some projects like the inmusik will even encourage you to hold on their coin for longer period.

Dude; you're right!
But at the loss of project owners who may not get enough fund to complete their projects