📌 When 90% of the supply of #LUNC and #USTC is suddenly deleted, you will get a great instant rise, but the market will be shaken for a week at most with this news. Afterwards, the market is forgetful and gets its fill immediately, friends.
▶️Please let's stop 'polyannaism', we need to get out of this mindset as a community. The problem is not only in supply, but also in lack of demand.
▶️The biggest example of this is $BNB , even if CZ gives news of burning, there is neither an increase nor a movement. It almost does not react after burning.
▶️The purpose of burning here is to balance the inflation in the chain, to create price balance by burning the existing supply as the product is in demand.
▶️The market, which is satisfied with this news because it has regained its routine, has more expectations, and here R&D, that is, research and development, comes into play.
👀 @BNBCHAIN is currently preparing for the bull by signing new projects every day, but burning is just an alternative, the important thing is research and development and making the chain interesting.
▶️There has been a tremendous inflation in the world by printing free money after Covid, currently the staking and burning process at $LUNC and #USTC is an effort to create a 'disinflationary' chain. Naturally, this process requires time.
#BNB #btc
▶️Please let's stop 'polyannaism', we need to get out of this mindset as a community. The problem is not only in supply, but also in lack of demand.
▶️The biggest example of this is $BNB , even if CZ gives news of burning, there is neither an increase nor a movement. It almost does not react after burning.
▶️The purpose of burning here is to balance the inflation in the chain, to create price balance by burning the existing supply as the product is in demand.
▶️The market, which is satisfied with this news because it has regained its routine, has more expectations, and here R&D, that is, research and development, comes into play.
👀 @BNBCHAIN is currently preparing for the bull by signing new projects every day, but burning is just an alternative, the important thing is research and development and making the chain interesting.
▶️There has been a tremendous inflation in the world by printing free money after Covid, currently the staking and burning process at $LUNC and #USTC is an effort to create a 'disinflationary' chain. Naturally, this process requires time.
#BNB #btc