be burned from the supply correct? And that will also help catapult the price once the Mainnet launches for hex?? Is this correct
Sacrificed HEX just simply now belongs to someone else. It doesn't get destroyed.
Crypto Investment 🇵🇰 🇺🇸 (What’s a DM) (3) has increased reputation of whitewallz (253)
How does that help price? And who says it will be burned?
Burning of supply not available to the markets does precisely zero to price performance.
Burning reduces liquidity in the long term and will surely affect the price...
HEX's price went up the fastest when its liquidity was the lowest. Bitcoin's and Ether's prices went up the fastest when their liquidity was lowest.
Only if a supply available to the markets get burnt. Otherwise it does absolutely nothing.
Burning a token doesn't itself do anything to the market price. Only buys/sells affect price.
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