Does this make any sense?

[Hypnosis00]

Crypto experts in the house please your attention is very needed right now, does it even make any sense to burn of tokens max supply gradually when the token or project have not been listed on exchanges? Does this make any sense?? Thanks

Considering that it was not yet listed to exchange, it was not a big deal nor it affects the price. However, it could really make sense once it already has a market value, and burning some token from the total market supply helps a lot for its value to increase. This is a common practice already and I was in favor of this action as the holder could benefit from it.

But as what is stated by OP, there is no problem with that. Let the team do it, I'm sure they know what they are doing and probably it was good for everyone.

[1714650819]

1714650819

[1714650819]

1714650819

[flagpara]

Crypto experts in the house please your attention is very needed right now, does it even make any sense to burn of tokens max supply gradually when the token or project have not been listed on exchanges? Does this make any sense?? Thanks

I never heard about it, why someone burns their tokens before getting a listed exchange. Probably this project is probably a scam project, to show lucrative opportunities for new exchange investors. We are in the middle of bullrun, now we don't know the next movement of scammers. Legit projects topics must be different, they are doing for our good.

[carter34]

Burning of token is to reduce the number to an attractive quantity that will increase the interest of investors to buy which will cause an increase in the price and it is usually said when the token is already out in the market but if it is before the token is listed, we have to be careful. But some projects also announce in their roadmap that they will reduce the number of token.