Recently I started researching on best exchange coins apart from solid block chain projects , I found bnb and Kucoin shares (KCS) Are having more events . Like bnb or binance token introduced lots of scheme in exchange , same like kucoin also introduced lending, poolex mining even more . I more liked this because they are regularly burning token . What’s your view on this before i put my hard earned money .
if they continue burning supply of the tokens and the demand of the coins increase expect that the price will increase continuously .
As you said there are many scheme they are planning to use for this coins, its means use cases of the tokens may increase that will help to get more interest for investors to hold the coins for long terms. Increase the demand + use cases + burning supply = increase the price.