Please kindly share the name of the token, many deflationary tokens I knew are almost dead now due to lack of use case, investors are now smarter to avoid projects that have no real life use cases because in a very short time they will become worthless
A great example is $BNB, a solid project with a great number of supporters. Investing in deflationary tokens can benefit long term investors. Given that all fundamentals in the company's business remains constant, the token price will go up overtime due to regular token burns.