All those deflationary tokens are almost baseless to me because they have no project aim aside deflationary token feature, making total tokens in circulation minimized. Every new day I see new deflationary token, what's the essence? Why are people buying these tokens? It's obvious that the main aim is to make gains and after that the developers will dump and probably move on to the next.
The purpose of investors is to make a profit, but where do you get the benefits of this deflation token? most of the price tokens fall in the market and not a few are finally delisted from the exchange. I am sure investors who buy these tokens are beginner investors who do not understand how to look for a good project. Because so far we still have a lot of beginners who are new to crypto, unlike those who have been long and familiar with crypto, they certainly won't buy this kind of token.