Quote from: Lexurdania on April 08, 2020, 06:07:42 AM

Quote from: sahadat on April 08, 2020, 05:03:58 AM

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

Yeah, a good project is way more that just a good dev team.
You can tell just by looking at ethereum - damn they got the most devs than any crypto company out there, but eth is not top1.
I respect that its daily trading volume went really high lately, but its market cap is far away from btc.
And I think it is all about lack of good marketing.
bitcoin promotes itself since people doing memes, news and etc just to be involved in "crypto world"