Hi,
Some How this Burn Buzz word stuck in my mind and i didn't see practical results so far in any successful token.
For example, Shiba Inu is burning tokens aggressively and is it really helping them?
May be i am noob here and happy to hear from experts!
I believe this topic will be useful for someone too!
Technically yes, but that depends on so many things. Starting from how much is going to be burned, who is burning them and in what rate? How do they acquire the burned tokens? Do they buy them from the market and continuing to do so or are devs burning their own stash that they wouldn't use anyway? (which wouldn't make anything but artificial meaningless difference to circulating supply.
As a rule of thumb; burning technically always helps the price grow. In reality it often doesn't as there are just too much to burn in order it to have any effect.