Quote from: galambo on January 25, 2022, 06:53:58 PM

Quote from: Kellygucci on January 24, 2022, 05:55:41 PM

I don't know why this coin has market cap of 80k on daily basis. Its price is continuously going down but still there is a community that is continuously investing in this coin. We cant say this coin is dead yet since this is a lot of activity.

The answer to your question lies in your own script. Since the coin is having a decent volume on daily basis that means it has a community backing it. Deflationary projects are created to burn the token and reduce the supply. Decent volume means there is adequate token burning on daily basis which will decrease the supply.

One thing BOOM or other deflationary token may introduce in there ecosystem to increase investment is to increase the token burning rate. By doing so token supply will go down quickly and we will check behavior of this token.

Kellygucci

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