Post
Topic
Board Altcoin Discussion
Re: $SXP burned 17% of total supply
by
Nanda Dewi277
on 05/05/2021, 23:55:54 UTC
SO, this is one of the reasons why SXP price increases significantly. the existence of burning tokens really gives certain influences to the supply, moreover to the price. commonly there will be a certain increase, normally.
But, of course, it will also depend on the fundamentals and also project itself. If they are not considered as shitcoins, they will have more and more chances to grow again and again.