Token burning process has been tried in the market so far but no one has succeeded. Most of used token burning process only for useless project . It,s not just token price up the market that the tokens are burning . It just makes hype for newbies . If a project is useful for humans, then it does not require burning . The value of these projects is greatly increased for the needs of the people.
Token burning was not successful because the project was not good. Some projects that do token burning can attract investors and influence the price movement. I think that any strategy taken by the developer team will have no effect unless the project can produce a good product