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!
Burn limits the number of tokens on circulation as well the final number of supply. A burn by limiting the tradable tokens should be able to increase the demand of the token making it's price expensive. But if the release of tokens are larger than the burn amount, it would keep on increasing the circulating coins hence the burn would have no effect.
Burn of Shiba Inu should yield a positive boost on price, if not at the moment, eventually it would have a positive effect.