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RE: Steemit Crypto Academy Contest / S5W4 - Token Burn

Assalamualaikum Usman brother,

You have done a very nice job in explaining the Token Burn as always. Your presentation of the whole burning process is really appreciable. You have a good knowledge of the topic.

Another advantage of coin burning is that it makes the crypto project stronger, seeing that many new investors come and invest in the project.

There are lot of advantages of the burning of tokens and this is one of them. The more will be the burning, the more will be the reduction in supply and directly, the more will be the price of that token.

The good price movement of a token in the market leads to the great attraction for more and more investors in the platform. And this thing is beneficial both for the users and the blockchain.

Thanks a lot for sharing your precious post with us. I wish you a very good luck for the contest.

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 3 years ago 

Thank you brother for the appriciation.