To burn existing tokens are worldwide using strategy. This helps get the goal which holders are waiting in many cases. The result is rising of token's price and happiness investors at the same time.
So, the team offered a high-quality strategy so that investors could be confident in the growth of the cost after the launch of the platform. And how much will burning the token increase the cost for it?
I want to say that sometimes burning tokens can go not in favor of the project, but vice versa. So with this it is worth being more careful.
Do you have any examples? In my opinion coin burning is the best way to rise a price of token. If the project is prospective the burning program will push the price up in any cases.
they have a lot of interesting tools, but still, first of all, the project should be popular and in demand, and only after that it will be possible to make a profit and see the flight to the moon.