Quote from: tazmantasik on Today at 09:09:02 AM

Burning coin is smart business strategy from developer how to make their coin could be interested, but not all burning can make coin pump depend how serious developer keep lock coin, some time have developer make burning coin but other side he sold much supply coin and make price keep dump. I most appreciated with many burning coin is success like Trustwallet coin burn more than 90% and make price pump from 0.06$ become 1$ right now.

In fact, the coin burning system is a very good thing and is quite feasible to do to make investors interested in coins that will indeed be burned because this can indirectly be profitable.
but for now the coin burning system has become something commonplace and it seems that almost all altcoins that really can't compete and that includes memecoin always use things like this to attract fans.
actually it would be great if coin burning was done but on the other hand with things like memecoin and shitcoin doing things like this indirectly made coin burning not special anymore