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RE: Steemit crypto Academy contest | S5W4 | Token burn

in SteemitCryptoAcademy2 years ago

You have made some nice points in your article, and am impressed with your work sir. One of the most important thing your pointed out was Supply/Demand theory being the brainwork behind the concept of token burning. I agree with your point because when the supply of your token diminishes, the value of it increases.
So if a cryptocurrency project is seeking to increase in value, the burning of token is the answer.
Thanks for sharing friend, and goodluck in this contest.

I will appreciate if you equally engage on Mine

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Ok. Thank you dear.

I surely will

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