Post
Topic
Board Altcoin Discussion
Re: Billions burning rate
by
fuer44
on 31/08/2022, 09:28:59 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? .
Whether it's burning, merge, evolving, token transmigration, halving, all of these have not had a significant effect on boosting the price of the token or coin. The main factor is of course the demands of coins and all these efforts are aimed at increasing the demands on coins so that the price goes up but that is not enough.

In my opinion, it would be faster if dev of tokens collaborate with big companies so that the tokens or coins are easy to recognize, but that is also difficult. we will continue to follow the progress