Token burns, much like stock buybacks in traditional markets, decrease the outstanding supply (shares), adding upward price pressure. That’s why savvy crypto investors should always be on the lookout for blockchain projects announcing token burning schedules.
To read this article you must be a subscriber
Members can login here.
SludgeFeed Premium members gain access to exclusive content that’s not available to the average reader, including breaking market updates, high-quality analyses, weekly recaps and more.
Your subscription helps keep SludgeFeed running. We deeply appreciate your support.