Post
Topic
Board Altcoin Discussion
Re: Really Burn helps Token in positive way?
by
Natalim
on 01/08/2023, 21:56:54 UTC
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!
It works for some projects but not all that promise an increase in its price went perfectly, many are still low and have no changes. That is why we can't blame people for saying that is not an effective way for changing the view of a particular project because if that is a shitcoin/s, we couldn't really expect such thing as "pump" but what we probably see is that the project will stay low and worthless and investors remain don't have the courage to buy them.

It all lies on the potentiality of the project, not the total market supply. In fact, ETH can prove it.