Post
Topic
Board Altcoin Discussion
Re: Billions burning rate
by
yazher
on 18/08/2022, 06:37:15 UTC
What do you think about Shiba inu billions of tokens getting burned from time to time? How do you think this will affect the price in the few years to come? Do you think believe that Shiba could kill two zeros in the next bull market? .

Well, of course, that's the obligation to make the price increase in the future because the more they burn their tokens, the more likely the price increase with the constant development of their platforms and some updates that would trigger the price to increase. They have been doing it for a while now because they wanted to secure their investor's potential to further trust them on what they are gonna do with their project. With this tight competition in the crypto market, every project should not delay its development if they don't want to get left behind.