Post
Topic
Board Altcoin Discussion
Re: Does this make any sense?
by
judeafante
on 04/06/2021, 23:07:42 UTC
Crypto experts in the house please your attention is very needed right now, does it even make any sense to burn of tokens max supply gradually when the token or project have not been listed on exchanges? Does this make any sense?? Thanks

It's just meant to attract more investors some projects had it on their roadmap when it met a certain condition, it's good and a welcome development if they announced it when the token is already in the market, it creates demand by lowering the supply, but it still depends on the demand of the platform and of the project.