CRYPTO MECHANIC
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Supply Burn doesn't mean the price will go up
Burning supply doesn't drive prices.
Demand drive the prices.
If there is high demand even if there is no supply burn the price will go up.
But if there is no demand, Burning supply won't help the price move.
This doesn't apply to $OM it applies to every token burn supply but have no market demand.
Burning supply doesn't drive prices.
Demand drive the prices.
If there is high demand even if there is no supply burn the price will go up.
But if there is no demand, Burning supply won't help the price move.
This doesn't apply to $OM it applies to every token burn supply but have no market demand.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
OM
0.3837
-1.05%
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