“The project is burning tokens, so the price will go up?”
Not automatically.
Token burns permanently remove some tokens from circulation, but their impact depends on how many tokens are burned, where they came from, and whether new issuance offsets them.
Demand for a token doesn’t increase just because its supply has decreased.
Before getting excited about the burn figure, ask:
What percentage of the supply does it represent? Is the total supply actually decreasing?
#كريبتو
Not automatically.
Token burns permanently remove some tokens from circulation, but their impact depends on how many tokens are burned, where they came from, and whether new issuance offsets them.
Demand for a token doesn’t increase just because its supply has decreased.
Before getting excited about the burn figure, ask:
What percentage of the supply does it represent? Is the total supply actually decreasing?
#كريبتو