After a token burn, the total supply of the cryptocurrency is permanently reduced, which can have several potential effects:
Potential Price Increase – If investors see the burn as a deflationary measure, it can create bullish sentiment, potentially driving up the token’s price. However, this depends on broader market conditions and demand.
Improved Tokenomics – Burning tokens can help regulate inflation and make the cryptocurrency more attractive for long-term holders by reducing supply-side
So punt wanting to go to 0.77for past few days . After the dip from yesterday all time high it has broken out of the falling treand line . Will it go to .77. #PNUTRecovery
So punt wanting to go to 0.77for past few days . After the dip from yesterday all time high it has broken out of the falling treand line . Will it go to .77. #PNUTRecovery
I am using binance in iphone and have been facing trouble with so many simple things. Some of them are copying red box gift card directly from msg. Second is watching vedios there are no fast forward or backward system.a simple vedio player with no buttons expect gor play and pause. I might be wrong but if not then i humbly ask binance to fix these issues as using it as a social content feed these things are necessary.#binance_socialfeed#fixthis_binance