Burning is as common as altcoins but let me remind you that it isn't as clearcut as it sounds.
Burning permanently reduces total circulating supply, which means more scarcity, which means more value right? Wrong, if your token anyway can just have arbitrary reductions and increases in supply (burning is arbitrary if you think about it unless it's fixed into the system).
Burning permanently reduces total circulating supply, which means more scarcity, which means more value right? Wrong, if your token anyway can just have arbitrary reductions and increases in supply (burning is arbitrary if you think about it unless it's fixed into the system).
The PEAKDEFI marketcap has been updated now. Coinmarketcap tracks now additionally the PEAK token on BSC! Now the marketcap is over 60 million USD
which is great I think
https://coinmarketcap.com/currencies/peakdefi/
impressive.
why peak is not listed on Binance?
they have bsc staking
That's right, it's not like turning your palm over to be listed in binance. Many procedures and costs that must be done. if you are already registered you have to attract investors to make transactions on the token. If it's quiet, maybe the coin will sink.
I saw too many tokens dumping after the listing
it always hurts when the market is bleeding,
but when your portfolio is red it's such a pain
now we can see the new Defi and NFT wave and everyone is trying to jump on that train
let's say that the listing is good itself
the situation on the market should be by your side
and then we can rock the boat
You're right it's a combo of factors