Burn it all down - when is a good time to burn crypto

By Colgate | Crypto news Snippets | 16 May 2021


We see it all the time, different crypto leaders burning crypto to drive up the price by reducing supply. Often it is unannounced which always adds a nice shock favour, one day ill dive into price jumps and crypto burns but today is not that day.

 

The question is have not seen asked for answered yet and want to put out there is When is a good time to burn crypto. When does the need for higher token prices outweigh the need for the spread of tokens across the system. Again, no answers only questions, but is there a % rule out there? Is it when x % of population has the Crypto? Is it a distribution point, when x% of total supply has been given out? 

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Crypto news Snippets
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